83 - Beyond Coin Voting Governance | Vitalik Buterin
Vitalik Buterin returns to the Podcast to discuss his recent article 'Moving Beyond Coin Voting Governance.' As always, Vitalik comes with a birds-eye view of high level challenges facing the crypto space with a moral & philosophical slant.
Building sufficiently decentralized governance mechanisms is a hugely challenging endeavor. Tackling elegant solutions to coin voting, we also cover the benefits of running your own node, the metaverse, and an update on the Ethereum narrative.
When Vitalik comes on Bankless, it's time to listen closely.
š SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/
šļø SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/
BANKLESS SPONSOR TOOLS:
āļø ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum
šµ MATCHA | DECENTRALIZED EXCHANGE AGGREGATOR
https://bankless.cc/Matcha
š LEDGER | SECURE YOUR ASSETS
https://bankless.cc/Ledger
š¦ UNISWAP | DECENTRALIZED FUNDING
https://bankless.cc/UniGrants
š£ TracerDAO | Perpetual Pools are now Live on Aribtrum!
https://bankless.cc/Tracer
Topics Covered:
0:00 Intro
4:00 Vitalik Returns!
7:26 Decentralized Governance
14:38 Who is Governance For?
19:44 Coordinating Public Goods
26:07 Public Goods & Upgrades
34:52 New Mechanisms
38:28 What is Blockchain Governance?
47:53 Ungovernance for Layer 1
54:00 Why Coin Voting Sucks
1:02:20 Whales
1:12:15 Running Your Own Node
1:22:14 Culture & Technology
1:26:51 Scalability Tradeoffs
1:31:05 The Metaverse & Loot
1:36:55 Update on Ethereum
1:43:15 Closing & Disclaimers
Resources:
Vitalik on Twitter
https://twitter.com/VitalikButerin?s=20
Moving beyond coin voting governance
https://vitalik.ca/general/2021/08/16/voting3.html
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures