> There were other issues standing in the way of the DAO’s egalitarian ambitions. As VICE’s Motherboard points out, the median ConstitutionDAO donation was $206.26. Those small-dollar donors are seeing most or all of their refunds getting eaten up by Ethereum network gas fees, which remain static regardless of the size of the transaction.
This is kind of insane to me. People were shilling ConstitutionDAO _pretty_ hard on here back when this happened. My biggest concern was this was a scam, or that people would use the opportunity to scam in some fashion (still a reasonable theory). Instead, it turns out their supposedly superior financial system can't even handle refunds? Come on.
This is kind of insane to me. People were shilling ConstitutionDAO _pretty_ hard on here back when this happened. My biggest concern was this was a scam, or that people would use the opportunity to scam in some fashion (still a reasonable theory). Instead, it turns out their supposedly superior financial system can't even handle refunds? Come on.