Vitalik: On-chain mechanism design in the future will adopt a dual-layer approach of "maximizing openness and accountability + non-financialization bias setting"

BlockBeats News, February 2nd, Vitalik Buterin proposed the future primary pattern of on-chain mechanism design: a mechanism similar to a prediction market, maximizing openness and accountability (anyone can buy/sell, good decisions make money, bad decisions lose money), suitable for the role of a “decentralized execution layer”; decentralized, diversified, non-token-based preference setting (anonymous voting, preferably using MACI to prevent collusion), maximizing intrinsic motivation space, avoiding token holders’ takeover. Prediction markets are the best primitive for achieving “decentralized governance.”