Vitalik: In DAO governance, the value of characteristics such as predictability, robustness, and neutrality outweighs efficiency

Chain Catcher News: Ethereum founder Vitalik published a new article today titled "DAOs Are Not Companies: The Decentralization of Autonomous Organizations Is Important."

Current opinions suggest that highly decentralized governance is inefficient, while traditional corporate governance structures composed of boards, CEOs, and others, having evolved over hundreds of years, are better at making correct decisions and creating value for shareholders. Vitalik believes this stance is incorrect in many cases. Although in real life, we may only need a few DAOs that resemble political science rather than corporate governance structures, these are the truly important ones. DAOs serve functions similar to nation-states in applications, such as providing basic infrastructure, so the value of characteristics like predictability, robustness, and neutrality outweighs that of efficiency. (Source link)