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Vitalik Buterin criticized the Monetary Management model of the Tao
The co -founder of Ethereum Vitalik Buterin again criticized the Tao control model based on the transmitted digital tokens. According to him, it contradicts the very meaning of decentralized organizations.
Agreeing with the Proverb "Those Who Most Want to Rule People AreSe Least Suited to do it" And Supporting Daos Being Run by Transferable Governance Tokens is a Contradictation.
Transferable Governance Tokens are All About Giving * More * Power to "Those Who Most Want to Rule".
– Vitalik.ETH (@vitalikbuterin) July 28, 2022
“The proverb says:“ Whoever wants to manage people most is least suitable for this. ”. It is fair for those controlled by transmitted tokens of the Office of the Tao. Tokens transmitted are needed only to give more power “to those who want to rule more than others,” wrote Butaterin.
Not all commentators agreed with the co -founder of Ethereum. Some indicated the inevitability of the consolidation of the decision -making process and called the “unrealistic dream” of thought about the universal involvement of the participants of the Tao. Others noted that it is impossible to equate tokens possession with the desire to manage people.
Earlier, Buterin has repeatedly criticized the Tao Management model based on monetary voting. In March 2022, he said that this approach is a “new version of Plutocracy”.
In 2021, the co -founder of Ethereum published a document in which he proposed several ways to solve problems related to such a management system. For example, instead of tokens, reputation indicators recorded in the blockchain can be used.
Recall that in the ten largest Tao industry 90% of the vote account for Мир GameFi | Gagarin less than 1% of control holders, according to Chainalysis.
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