Vitalik Buterin: Ethereum Governance is Currently Underrated

2019-3-20 23:15

In the most recent episode of Into the Ether, Vitalik Buterin appears to discuss all things Ethereum. One of the subjects that came up was the Ethereum governance model. Eric Conner asked Buterin about on-chain governance models, and his thoughts on how Ethereum’s governance stacks up against them.

Current Governance Model Underrated: Vitalik Buterin Buterin says that the current Ethereum governance model works pretty well, considering the problems it has guided the protocol through. I actually think that Ethereum governance is under-rated at this point. Because it’s not something that we can attach a cool name to and advertise. And

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Governance, Part 2: Plutocracy Is Still Bad

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Notes on Blockchain Governance

In which I argue that “tightly coupled” on-chain voting is overrated, the status quo of “informal governance” as practiced by Bitcoin, Bitcoin Cash, Ethereum, Zcash and similar systems is much less bad than commonly thought, that people who think that the purpose of blockchains is to completely expunge soft mushy human intuitions and feelings in favor of completely algorithmic governance (emphasis on “completely”) are absolutely crazy, and loosely coupled voting as done by Carbonvotes and similar systems is underrated, as well as describe what framework should be used when thinking about blockchain governance in the first place.

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