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Vitalik Buterin: The pledge pool uses the DAO method to govern node operators, which may face potential risks

2023-10-01 07:14
Odaily News Ethereum co-founder Vitalik Buterin expressed concerns about the decentralized autonomous organization (DAO) exerting a monopoly on the selection of node operators in liquidity staking pools. Vitalik Buterin said: “With the DAO approach, if one such staking token became dominant, it would result in a single, potentially vulnerable governance gadget controlling a large portion of all Ethereum validators.” Vitalik Buterin further outlined One possible way to solve this problem is to encourage ecosystem participants to utilize various liquidity staking providers. It added that this would reduce the systemic risk of any one provider becoming too large. (Cointelegraph)