DAO Community Counters Vitalik Buterin As He Writes Off Transferable Governance

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Ethereum founder Vitalik Buterin has aired his view about transferable governance, pointing out that power-hungry individuals are not eligible to lead. He argued that the idea of transferable governance tokens in decentralized autonomous organizations (DAOs) contradicts the essential reason for DAOs existence. This highlights the dilemma between giving freedom to voluntarily delegate decision power and giving power to a specific few. Buterin Expresses Concerns Over Transfer Of Governance The Et ...

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