Vitalik Buterin calls for a new DAO design for onchain disputes and governance

840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDEvMDE5YmQ1OWEtZmE3YS03NjA2LTkwOWMtNGI1MDdjOWVlNGYyLmpwZw3D3D

Ethereum co-founder Vitalik Buterin says DAOs must move beyond simple token-voting treasuries and be redesigned to power core infrastructure like oracles and onchain courts.

Ethereum co-founder Vitalik Buterin has called for new decentralized autonomous organizations (DAOs) designs, arguing that the sector needs more than token-voting treasuries if it wants to improve on traditional corporate and political structures. 

In a Monday X post, Buterin said that current DAOs often amount to “a treasury controlled by token holder voting.”

That model is widely copied but it is “inefficient, vulnerable to capture and fails utterly at the goal of mitigating the weaknesses of human politics,” he said.

Read more

Subscribe for The Latest Crypto News and deals.

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

World Wide Crypto will use the information you provide on this form to be in touch with you and to provide updates and marketing.