Vitalik: The future of on-chain mechanism design will adopt a dual-layer model of "maximizing openness and accountability + non-financialized preference settings"
Foresight News reported that Vitalik Buterin tweeted about the main future models of on-chain mechanism design: mechanisms similar to prediction markets, which maximize openness and accountability (anyone can buy and sell, good decisions make money, bad decisions lose money), suitable for serving as a "decentralized execution layer"; decentralized, diversified, and non-tokenized preference settings (anonymous voting, ideally with MACI to prevent collusion), maximizing the space for intrinsic motivation and avoiding token holders buying out control. Prediction markets are the best primitive for achieving "decentralized governance."
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