Buterin Explores Plutocracy Risks in Token-Based Governance

Ethereum co-founder Vitalik Buterin admitted not effectively communicating the complexities of “unbalanced coordination” in decentralized systems. Looking back at two blog posts he wrote in 2020 and 2021, he explores the connection between coordination and crypto-economics in blockchain governance. Coordination in Crypto-economics In his blog posts, Buterin highlighted the difficulties of coordination within decentralized systems. The post Buterin Explores Plutocracy Risks in Token-Based Governance appeared first on Coin Edition .