Vitalik created the ENS domain name "dacc.eth", and the meme of the same name skyrocketed by more than 7 times! What exactly is the concept of d/acc?

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Vitalik Buterin, the co-founder of Ethereum , once praised the Ethereum domain name service ENS as the most successful non-financial application in Ethereum. Now, according to on-chain data , he suddenly minted the new ENS domain name dacc.eth at 12 noon today and announced The concept of d/acc will be discussed in X's message space on August 22nd.

Image source: app.ens.domains

Unexpectedly, according to DEX Screener data , the meme currency E/ACC of the same name skyrocketed upon hearing the news. It soared more than 7 times within 15 minutes after the above news came out, making its market value reach 5 million US dollars, but it is currently at a higher level. It fell back more than 63%, and its market value fell back to $1.91 million.

Image source: DEX Screener

d/acc is a new concept proposed by Vitalik Buterin in an article written in November last year. Subsequently, the meme coin d/acc of the same name was born. However, by December last year, it was reported that the project had abandoned operations and the currency price was close to returning to normal. Zero, although it skyrocketed today due to Vitalik, the official website has disappeared.

What is d/acc?

Last November, Vitalik Buterin discussed his approach to techno-optimism, AI risks, and how to avoid centralization in today’s world.

Vitalik Buterin believes that although technological progress has its risks, its benefits far outweigh the harm it may cause. People should not just blindly pursue profits, but should consciously choose the direction of technological development to ensure that technological progress can bring benefits to mankind. Come to a better future.

Regarding how to solve the contradiction between technological development and centralization, Vitalik Buterin proposed defensive accelerationism "d/acc" and the effective accelerationism "e/acc" popular in Silicon Valley. There are significant differences in attitudes towards technological development:

  1. e/acc : This term was widely circulated in Silicon Valley startup circles after the birth of ChatGPT. This view emphasizes the huge benefits of technological progress and is eager to accelerate this trend to bring these benefits faster. e/acc supporters usually It expresses dissatisfaction with the conservative attitude of existing regulatory agencies such as the FDA in reviewing drugs and new technologies, believing that this delays the introduction of life-saving treatments.
  2. d/acc : Emphasizes defense, decentralization, democracy, and differentiation, seeks to create and maintain a more democratic world, and attempts to avoid centralization as the preferred method of solving problems. d/acc advocates detailed risk treatment plans but aims to avoid excessive concentration of power.

Vitalik Buterin advocates the establishment of a "defense first" worldview, arguing that a defense-biased world is a better world because it not only directly improves security and reduces conflicts, but also makes it easier to develop healthy, open and freedom-respecting forms of governance. Flourishing, he extended the meaning of "d" in the article as follows:

"D" can be Defense, Decentralization, Democoracy and Differential. "

What are the differences between the two views on the threat of AI to humanity?

d/acc is more cautious about the potential threats of AI and believes that the concentration of power may lead to the abuse of AI. Therefore, it emphasizes decentralization and diverse participation to allow more people to supervise and influence the development of AI. d/acc believes that through decentralized technology and an open and transparent decision-making process, the risk of AI being controlled by a few people and used to harm humanity can be reduced.

e/acc is more optimistic about the potential threats of AI and believes that the development of AI is an inevitable trend. As long as development is accelerated, super intelligence can be realized early and various challenges faced by mankind can be solved. e/acc is less concerned about the risks that AI may bring, and is more inclined to believe that technological progress can ultimately benefit mankind.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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