Golden Encyclopedia | What is the new domain name dacc.eth registered by Vitalik?

Author: Martin Young, CoinTelegraph; Compiled by: Tao Zhu, Bitchain Vision

Ethereum co-founder Vitalik Buterin chose a new Ethereum domain name specifically refers to “defensive accelerationism.”

August 18,Vitalik Buterin registered the Ethereum Name Service (ENS) domain name “dacc.eth” for 0.187 ETH (slightly under $500).

Just a few days ago, Buterin will discuss “Defensive Acceleration” with Prime Intellect founder and decentralization advocate Vincent Weisser and Ethereum Foundation Leader Skylar Weaver on August 22 at the X Spaces Exploration Event (d/acc).

Source: Ethereum Foundation Devcon

What is d/acc?

Buterin first introduced the concept of d/acc in a blog post titled “My Tech Optimism” in November, with many of the arguments directed at the state of development of AI.

D/acc recommends focusing on human-computer collaboration and enhancement rather than fully autonomous AI.In May, Buterin warned against using “super-smart” artificial intelligence, saying it was “risk.”

It is also very different from the concept of effective accelerationism (e/acc) that is prevalent in Silicon Valley and large tech companies, which advocates clear unrestricted, supportive stances, such as allowing artificial intelligence to evolve essentially unhindered.

Buterin’s d/acc advocates a controlled, cautious approach to technological development and promotes more decentralization.

This could include advancing technology to enable more resilient infrastructure, epidemic prevention, cyber defense and information defense, such as tools to combat disinformation.

This philosophy is positioned as a middle ground between unrestricted technological acceleration and over-restricted regulation.

“I see so many plans to save the world that involve giving a small group of people extreme and opaque power and wanting them to use it wisely,” Buterin said.

This philosophy “seeks to create and maintain a more democratic world and tries to avoid centralization as the preferred solution to our problems.”Buterin explained.

Meanwhile, degen memecoin coin minters have seized the opportunity to create unrelated tokens called DACC, some of which have soared 400% according to DEX Screener.

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