Ethereum founder speaks against transferable governance, community responds | cointelegraph

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The power to manage the ecosystem of a crypto that is shared with many people has the aim of strengthening trust in the crypto itself.

Buterin reiterated the advantages of DAO over Centralistic on his twitter. To find out more about this news, please read the article on the news link below

The governance discussion intensifies as decentralized autonomous organizations (DAOs) become more popular in the blockchain space. The dilemma between giving power to a specific few and the freedom to voluntarily delegate decision power was highlighted in a Twitter thread created by Ethereum founder Vitalik Buterin.

In a tweet, Buterin brought up an old adage pointing out that power-hungry individuals are not suitable to lead. The Ethereum founder highlighted that the saying can be applied to DAOs and argued that transferable governance tokens in DAOs contradict the whole point of DAOs. Buterin noted that if governance can be transferred, it enables those who are after power.

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