<span style="font-weight: 400">Decentralized autonomous organizations (DAOs), <a href="https://vitalik.ca/general/2022/09/20/daos.html">according</a> to Ethereum co-founder Vitalik Buterin, shouldn't be similar to corporations. He does not believe that the principles of decentralization do not apply in the actual world and that conventional corporate structures are more effective. </span>

https://twitter.com/VitalikButerin/status/1571995444200280065

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<h2>DAOs  Not Supposed to Function as Corporations</h2>
<span style="font-weight: 400">Buterin contends that concave decisions—those that rely on the collective wisdom of the group—are preferable to convex ones. As a result, he contends, DAOs with varied input "make a lot of sense." </span><span style="font-weight: 400">The primary issues There are still some problems, though. Buterin emphasizes that the "succession dilemma" is the primary issue facing DAOs. These organizations must ensure that they can continue operating even if the original group retires. Buterin claims that DAOs must also manage "unexpected uncertainty." </span>
<h2>Buterin Looking For Linux Foundation Model</h2>
<span style="font-weight: 400">The co-founder of Ethereum acknowledges that methods influenced by governance may appear to be more effective in resolving these problems. Some DAOs will have to resemble "constructs from political science," according to Buterin.</span>

<span style="font-weight: 400">The Linux Foundation, according to venture entrepreneur Bill Gurley, is the role model Buterin is seeking. The blockchain and a token are not necessary for this strategy, though. However, given that it employs a CEO, some have argued that the Linux Foundation is not sufficiently decentralized. A DAO should ideally have an off switch that is entirely controlled by software, according to Bill Barhydt, the founder of Abra Global.</span>

DAOs Are Not Supposed to Function as Corporations, Asserts Vitalik Buterin

Decentralized autonomous organizations (DAOs), according to Ethereum co-founder Vitalik Buterin, shouldn't be similar to corporations.

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DAOs Are Not Supposed to Function as Corporations, Asserts Vitalik Buterin

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