Decentralized autonomous organizations need a rethink, Ethereum co-founder says

Ethereum co-founder has proposed a fresh perspective on decentralized autonomous organizations (DAOs). He emphasized the need for a new wave of DAOs that focus on critical functions such as data maintenance and dispute resolution. The traditional DAO structure has been criticized for inadequate governance and complex decision-making processes, leading to inefficiencies. In scenarios requiring swift and transparent decisions, these shortcomings become particularly apparent. The new framework for DAOs is expected to incorporate more sophisticated governance mechanisms, enabling all participants to engage effectively. This proposal may significantly impact the future direction of DAOs, providing an opportunity to reassess how decentralized systems are managed.