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.

-------

🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/ 

🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 

------

BANKLESS SPONSOR TOOLS:

⚖️ ARBITRUM | SCALING ETHEREUM

https://bankless.cc/Arbitrum 

🍵 MATCHA | DECENTRALIZED EXCHANGE AGGREGATOR

https://bankless.cc/Matcha 

🔐 LEDGER | SECURE YOUR ASSETS

https://bankless.cc/Ledger 

🦄 UNISWAP | DECENTRALIZED FUNDING

https://bankless.cc/UniGrants 

------

📣 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