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DOGE $0.0698 -0.22%
ADA $0.1773 -0.74%
BCH $204.04 -0.62%
LINK $9.42 +1.86%
HYPE $57.45 +2.41%
AAVE $85.91 -1.14%
SUI $0.6774 -0.58%
XLM $0.1570 -0.72%
ZEC $488.74 +0.04%

Vitalik: "The financialized pseudonymous society" is not truly effective; governance structures require a more multidimensional concept of identity

2024-08-22 12:54:39

ChainCatcher message, Vitalik posted on X: "I believe that 'anonymous society', and even 'financialized pseudonymous society', is not really effective. A more multidimensional concept of identity (characterized by 'soulbinding') seems necessary; if you don't do this, the most stable governance structure will just be a de facto centralized structure, and others will be attacked by financialized governance. It can be said that even today, we can see these issues at play in DAOs.

Anonymity is a check and balance, its existence is to run the 'dark side of the cycle', but it itself cannot run the entire cycle. Just as you cannot operate a society with perpetual rebellious energy.

Regarding x-risk, I believe that diverse thinking can actually help us more effectively identify x-risk mitigation measures that people can support."

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