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Vitalik Discusses Power and Balance in Recent Article, Urges Projects to Actively Design Decentralized Models
Summary: Ethereum co-founder Vitalik Buterin recently published an article titled 'Balance of Power,' discussing the core themes of 'power' and 'balance.' Vitalik pointed out that many crypto projects often focus solely on their 'business model' - how to sustainably acquire resources to support team operations - while neglecting the equally crucial 'decentralized model' - how to ...
Ethereum co-founder Vitalik Buterin recently published an article titled 'Balance of Power,' discussing the core themes of 'power' and 'balance.' Vitalik pointed out that many crypto projects often focus solely on their 'business model' - how to sustainably acquire resources to support team operations - while neglecting the equally crucial 'decentralized model' - how to avoid excessive centralization of power within the project and the systemic risks it may bring. He emphasized the importance of consciously designing institutional and architectural structures to achieve decentralization in certain use cases, highlighting the challenge of maintaining flexibility and efficiency without succumbing to the drawbacks of centralized power. Vitalik called on projects to consider their power structures and prioritize 'decentralized models' as a design goal on par with their business models.
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Link: Vitalik Discusses Power and Balance in Recent Article, Urges Projects to Actively Design Decentralized Models [Copy]
