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.

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.