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Once upon a time ,a steamy summer night in Brooklyn, it began as a dare.
It's the type of night when all the windows are open and the sound of faraway laughter mixes with the hum of traffic.
For months, my friends and I have been working on blockchain projects, primarily creating dull DeFi tools.
However, we discovered a little DAO (Decentralized Autonomous Organization) on Twitter that evening, driven by an excessive amount of cold coffee and a mutual want for something new.
The DAO's goal was charmingly fanciful,to provide funding for unique, neglected art projects. We were captivated by the voting process. Members voted on projects by submitting their own original ideas rather than using governance weight based on token holdings.
The winning proposal was the one with the greatest community driven improvements.
It was complete pandemonium, the ideal playground for a bunch of twenty somethings with big dreams.
Our proposal, a traveling art exhibit called Forgotten Cities, was submitted after we pooled our ETH and joined the DAO.
It was Maya who came up with it.
Murals illustrating the hardships and victories of underrepresented communities would be shown at each location. There was a catch, though each artwork would be accompanied by an NFT that was minted there.
The DAO found it to be excellent.
We received universal approval for our idea. It feels different to be validated by people who share your vision but don't know your face. It was charged with electricity. The initiative's Lisbon launch was a dream come true.
We painted murals on walls that have seen decades of history. Residents shared both amusing and painful experiences, read the QR codes, and minted NFTs.
As he described how one mural reminded him of a childhood friend who vanished under the dictatorship, an elderly man broke down. For the first time, our tech felt human.
The NFTs would be used to store local inhabitants' memories and tales, which would then be permanently archived on the blockchain.
Then Alex arrived,Alex was more of a mystery than a person. With only a link to a project they termed "Layer3 AR," (Argumentative Reality), they joined our Telegram group without providing an introduction. They clarified that it was an extension of the murals' augmented reality. By using their wallets to sign, users could reveal concealed messages, adding a "second layer of storytelling." They merely wanted to help,they didn't request for money. In Web3, generosity like that is uncommon.
We ought to have been wary.
The initial stops were encrypted.
A message that said, "Even broken cities have beating hearts," was unlocked in Barcelona. Another discovered a poem in Berlin that said, "Some chains set us free, but chains hold us down." It was Alex's creation, and it struck a chord with people in unexpected ways.
However, the messages became gloomy in Paris. Initially, there were vague alerts "The DAO is observing." "Nothing can be trusted." After that, they became blatantly concerning "Funds aren't safe." "Avoid it until it's too late." When someone shared a snapshot of a DAO wallet transaction that was draining money to an unidentified contract address, we assumed it was a joke.
Panic swept over the neighborhood. While some members said it was a complex rug pull, others accused us of being careless. Maya was distraught, She kept saying, "I just wanted to paint." There was an obvious sense of betrayal.
We resorted to CryptoTwitter out of desperation. Kira, a white-hat hacker, volunteered to assist. She discovered the truth in a matter of hours. Alex's AR system was used for purposes other than storytelling. It was able to alter DAO governance through a backdoor.
Alex had manipulated the creativity voting process by changing the proposal information, which allowed him to take over the Treasury.
It was a deep-seated betrayal.
This was more than simply a project; it was who we were. But there was no way of quitting up. We gathered the surviving members of the community and suggested a dramatic solution, a hard fork, To stop future vulnerabilities, we would take a snapshot of the authorized DAO users, move them to a different system, and update the governance guidelines. Although it was unlikely, but it succeeded.
A few months later, the DAO was flourishing once more, and Tokyo was the last destination for Maya's art exhibit.
We were approached by a stranger at the closing ceremony, He nodded, gave Maya a USB stick, and vanished into the throng.
Alex, or whoever they were, apologized and gave an explanation of their intentions as a sociological experiment.
They asserted that they tested the robustness of "trustless" technologies and exhorted us to continue challenging the Web3 philosophy.
Later, Maya and I chuckled at the ridiculousness of it all. "It proves that Web3 is just like life messy, flawed, but sometimes beautiful," she remarked.
The DAO was suddenly more than a simple project. It was a tale we would share for years to come.
Note : Decentralized Autonomous Organization is what DAO stands for. It is a member controlled organization whose rules are encoded in a computer program and are not governed by a centralized authority.
Blockchain technology powers DAOs, which usually use smart contracts to enforce regulations and speed up decision-making.
In blockchain ecosystems, they are frequently employed for governance, enabling stakeholders to collaboratively vote on ideas and modifications.
Layer 3AR stands for : Layer 3 Argumentative Reality in the contest of networking and technology .
Here is what it means ;
Layer 3; The network layer in the OSI (Open Systems Interconnection) model is referred to as "Layer 3" in networking terminology. It is in charge of forwarding and routing data packets, for example, by using IP addresses.
However, "Layer 3" in augmented reality (AR) might refer to a more sophisticated layer of AR technologies or apps that have extensive integration with data and networking infrastructures.
Augmented reality, or AR, is a technology that uses gadgets like smartphones, AR glasses, or headsets to superimpose digital content including pictures, data, or animations onto the physical world.