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116 - Why Bankless Is Wrong | Ethan Buchman - Cosmos

Bankless

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Navigating Blockchain Governance

This chapter explores governance challenges within blockchain ecosystems, focusing on plutocracy and the risks posed by centralization among validators. The speakers compare governance models of different networks, particularly Ethereum and Cosmos, stressing the importance of community representation and decentralization. They reflect on the future of cryptocurrency philosophy and the need for diverse, application-specific blockchains to foster innovation and engagement.

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