Vitalik Buterin Pushes for Cautious Tech Development Amid Rapid Advances

Vitalik Buterin, co-founder of Ethereum, has recently registered a new Ethereum Name Service (ENS) domain: “dacc.eth.”

The domain stands for “Defensive Acceleration” (DACC), which contrasts with the “Efficient Acceleration” (EACC) mindset commonly found in Silicon Valley.

While EACC promotes rapid technological progress with minimal regard for potential downsides, DACC advocates for a more deliberate approach, focusing on cybersecurity, privacy, and effective governance.

Buterin’s acquisition of the dacc.eth domain highlights his increasing concern about the risks posed by unchecked technological advancement, including artificial intelligence and blockchain.

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He has previously emphasized the need for a cautious approach to ensure that technological progress benefits humanity.

DACC aims to prioritize decentralization and ensure that technological innovations are used to protect rather than exploit individuals and society.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.