Buterin: Current DAO structure is inefficient, new governance model needed

Ethereum founder Vitalik Buterin stated on his X account that the current structure of Decentralized Autonomous Organizations (DAOs), centered on token holder voting, is inefficient and repeats the flaws of traditional political systems. He argued that while DAOs were a core inspiration from Ethereum's early days, the current model causes participant fatigue and fails to achieve genuine governance, necessitating a better approach. Buterin identified five key areas for improvement: the limitations of decentralized oracles, on-chain dispute resolution systems, methods for managing common resources, funding mechanisms for short-term projects, and ensuring long-term project sustainability.