Ethereum founder Vitalik Buterin proposed a future design for on-chain mechanisms consisting of two distinct layers: execution and value judgment. The execution layer will operate similarly to a prediction market accessible to all, while the value judgment layer must be decentralized, pluralistic, and not influenced by token holdings. He also highlighted the importance of preventing collusion using techniques like anonymous voting and Minimal Anti-Collusion Infrastructure (MACI).
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Vitalik Buterin Outlines Dual-Layer Future for On-Chain Governance Mechanisms
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