Aragon

Web and SaaS

blockchain company management

SHOW HN2017

191points
117comments
#178of 2,242 in 2017
Top 8%of 2017 by points

How HN took it

RoastedHalf or more of the comments are critical

2 positive, 34 neutral or asking, 2 mixed, 40 critical, out of 78 comments about the project. Thread score -0.44.

Idea: 1 for, 27 againstExecution: 1 for, 9 againstPrivacy: 0 for, 2 againstDocs: 0 for, 1 against

The thread, comment by comment

Each row is a top-level comment and its replies, in HN's order. Select a cell to open that comment on HN.

positive neutral or mixed critical about another commenter or something else the maker

What HN said

What people liked

  • Interesting idea for efficiency in company operations

    From 1 comment
    • I can understand the disbelief over the "maximalist" approach that suggests that regulations, government intervention, taxes, etc. will be circumvented by decentralized companies…
      dlevi on HN

Objections

  • Legal enforceability and regulation of smart contracts are unsolved

    From 3 comments
    • My 'cryptoequity' project was on the Hacker News front page a couple years ago (https://news.ycombinator.com/item?id=7992667), in which many commentators noted that many high…
      Jd on HN
    • The launch post seems to say that Ethereum|Aragon can solve the nation state problem, taxes and a whole host of other "problems" associated with running a business. How? How does…
      monkmartinez on HN
    • I don't get the "shareholder" scenario. How can this work with any legal and/or financial/banking regulations?
      ggoerlich on HN
  • Solidity is a risky language for security

    From 2 comments
    • Please consider trying to get off of Solidity at some point. It doesn't matter how much auditing is done, if you're building on a shaky foundation mistakes will eventually slip…
      seagreen on HN
    • A flagship Solidity product has already been pwned for $50 million dollars, leading to a hard fork of Etherium. This is not fake "~deep concern~", this is a real problem.
      seagreen on HN
  • Smart contract arbitration and disputes are unresolved

    From 2 comments
    • A crypto-contract can't evaluate the work you've delivered. If we enter into some arbitrary crypto-contract for me to build you a chair in exchange for 20 currencies, and I bring…
      pavel_lishin on HN
    • Then what's the point of doing the transaction with a digital contract in the first place? Weren't they meant to remove the need for trust or centralised arbitration? We already…
      joosters on HN
  • Early product is buggy and has invite limits

    From 3 comments
    • "It may take a while to load – beware of the bugs and glitches. Chrome-only for now" Says so much with so little.
      efields on HN
    • When I try to enter my email for the mailing list I am getting the error: invite_limit_reached I'd like to just keep up with the project. Is this intentional or is there another…
      vitiell0 on HN
    • invite_limit_reached when I try to sign up :-/
      anigbrowl on HN

Requests

  • Insurance and bug bounties for security

    From 2 comments
    • Conceptually I like the idea of running our company on this. But do you have any sort of insurance in case something goes horribly wrong? I'd probably be willing to use this for…
      Alex3917 on HN
    • I completely agree, insurance and proper bug bounty mechanisms are being worked on.
      izqui on HN
  • Publish the contracts source code

    From 1 comment
    • This is Jorge, Tech Lead at Aragon, a platform for creating companies on top of the Ethereum blockchain (DACs). Here is our launch post and mission statement:…
      izqui on HN

Questions

  • How does it handle taxes and government regulation?

    From 1 comment
    • The launch post seems to say that Ethereum|Aragon can solve the nation state problem, taxes and a whole host of other "problems" associated with running a business. How? How does…
      monkmartinez on HN
  • What happens if the contract has a flaw?

    From 1 comment
    • So what happens when someone finds a flaw in the contract and empties you out?
      empath75 on HN
  • Is aragon.one itself built on Aragon?

    From 1 comment

Alternatives named

  • Traditional courts and binding arbitration clauses

    From 2 comments
    • You can already do that. Parties entering into an analog contract can agree to binding arbitration with a mutually-agreed-on arbiter (like a "chair expert"), instead of…
      Analemma_ on HN
    • I think Ethereum undermined their whole reason for existence when they did a fork in response to a valid contract because enough people did not like the results. The fact that…
      RcouF1uZ4gsC on HN
  • QuickBooks

    From 1 comment
    • The launch post seems to say that Ethereum|Aragon can solve the nation state problem, taxes and a whole host of other "problems" associated with running a business. How? How does…
      monkmartinez on HN

Category, keywords, summaries and labels on this page were made by AI (Thread Reader v2) and not checked by hand. Each point links to the comments it came from.

Add a badge to your READMEShown on HackerShow
[![Shown on HackerShow](https://hackershow.org/badge.svg)](https://hackershow.org/show/13616751)