PANews|12月 31, 2025 02:21
[Vitalik: Crypto projects should prioritize the 'decentralization model' to avoid excessive centralization and related risks]
Ethereum co-founder Vitalik Buterin published an article titled 'Balance of Power,' exploring power and checks and balances. Vitalik pointed out that many crypto projects, during their development, often focus solely on the 'business model,' i.e., how to continuously acquire resources to support team operations, while neglecting the equally critical 'decentralization model'—how to prevent excessive centralization of power within the project itself and the systemic risks that may arise as a result. He believes that in some scenarios, decentralization is inherently easier to achieve. For example, in systems like the English language or open protocols such as TCP, IP, and HTTP, due to the lack of obvious centralized control points, dominance is not easily monopolized by a single entity. However, in other use cases, decentralization does not occur naturally but requires deliberate institutional and architectural design by the project team.
Vitalik emphasized that the key challenge for the crypto industry in the foreseeable future will be how to retain the flexibility and efficiency brought by centralization without suffering from the downsides of concentrated power. He urged project teams to critically examine their power structures and treat the 'decentralization model' as an equally important design goal alongside the business model.
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