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vitalik.eth· 2026-02-02 06:21
I actually don't think it's complicated.IMO the future of onchain mechanism design is mostly going to fit into one pattern:[something that looks like a prediction market] -> [something that looks like a capture-resistant, non-financialized preference-setting gadget]In other words:* One layer that is maximally open and maximizes accountability (it's a market, anyone can buy and sell, if you make good decisions you win money if you make bad decisions you lose money)* One layer that is decentralized and plural ...