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Vitalik: The future of on-chain mechanism design will adopt a dual-layer model of "maximizing openness and accountability, and non-financialized preference settings."

2026-02-02 14:37:05
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Vitalik Buterin proposed the main patterns for the future of on-chain mechanism design: mechanisms similar to prediction markets that maximize openness and accountability (anyone can buy and sell, good decisions make money, bad decisions lose money), suitable for being a "decentralized execution layer"; decentralized, diversified, non-tokenized preference settings (anonymous voting, preferably MACI to prevent collusion), maximizing intrinsic motivation space, avoiding token holders from monopolizing control. Prediction markets are the best primitive for achieving "decentralized governance."

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