While DAOs were supposed to embody the promise of decentralized governance, Vitalik Buterin today presents a harsh assessment: their current model is at the end of its rope. In a widely circulated post, the co-founder of Ethereum denounces rigid structures, dominated by large stakeholders and unable to address the complex challenges of coordination. His call for a new design marks a pivotal moment for DAOs, which he invites to move beyond mere voting logic to become true on-chain infrastructures.
The article Crypto: Vitalik Buterin warns of the failure of DAOs and calls for a complete overhaul first appeared on Cointribune.
