CONTENT
Ethereum co-founder Vitalik Buterin published a new article titled Balance of Power, examining how power concentration and checks should be designed in crypto systems.
Vitalik argues that many crypto projects overly focus on “business models” — how to continuously acquire resources to sustain teams — while neglecting an equally critical question: decentralization models, or how to prevent excessive power from accumulating within the project itself.
He notes that some systems decentralize naturally, such as open standards like TCP/IP or language systems, where no single actor can easily dominate. However, in many crypto use cases, decentralization does not emerge by default and must be intentionally designed through governance and architecture.
WRITER’S INTRO
CoinRank Exclusive brings together primary sources from various fields to provide readers with the most timely and in-depth analysis and coverage. Whether it's blockchain, cryptocurrency, finance, or technology industries, readers can access the most exclusive and comprehensive knowledge.