Vitalik: The current blockchain and society are facing a dangerous state, and Ethereum should become a model for decentralized governance

PANews
PANews|Feb 19, 2025 13:45
According to Vitalik Buterin's speech on Warpcast, he believes that the current blockchain community and society as a whole are in a dangerous state, with many phenomena lacking long-term value and even malicious ones happening, which have attracted a lot of attention. However, he emphasized that simply opposing these phenomena is not enough, communities should establish and demonstrate a more stable and brighter future. Vitalik pointed out that in the field of blockchain, the short-term hype of meme coins should not be the future of the industry. At the same time, on a broader social level, he observed that many people have lost confidence in democratic models and instead rely on strong leadership. But in his conversation with a political scientist at Devcon, the other party stated that Ethereum's decentralized governance model is a successful example of democracy, which gave him hope. Therefore, if Ethereum can continue to succeed, its influence will surpass blockchain and become a model of global governance innovation. In addition, Vitalik responded to concerns about his re strengthening of leadership over the Ethereum Foundation (EF), stating that this was a carefully considered decision. He emphasized that Ethereum's decentralized ecosystem has achieved significant success, and if it can continue to develop steadily, it will provide a successful model for the world to learn from.
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