Ethereum co-founder Vitalik Buterin expressed his views on DAOs (Decentralized Autonomous Organizations) on social media. He believes that DAOs that issue transferable governance tokens are inherently contradictory to DAOs.
Transferable governance tokens are all about giving more power to those who most want to rule. In addition, in replying to the comments of netizens, he said that governance and domination are two different things.
Preventing governance is a fundamental principle of blockchain, but preventing all governance is impossible.
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