Ethereum co-founder Vitalik Buterin has registered a new Ethereum Name Service (ENS) domain called 'dacc.eth' for 0.187 ETH, approximately $500. This domain is linked to the concept of 'defensive accelerationism' (d/acc), which Buterin will discuss at an upcoming event. D/acc advocates for a cautious approach to AI and technological development, promoting human-AI collaboration and more decentralization. It contrasts with 'effective accelerationism' (e/acc), which supports unrestricted technological growth. Buterin's philosophy aims to balance technological progress with democratic values and avoid centralization.

Ethereum co-founder Vitalik Buterin has picked up a new Ethereum domain name to specifically reference “defensive accelerationism.” On Aug. 18, Vitalik Buterin registered for the Ethereum Name Service (ENS) domain name “dacc.eth,” for 0.187 ETH (just under $500). It comes just days before Buterin is set to discuss “defensive accelerationism” (d/acc) at an X Spaces discovery event on Aug. 22 with Prime Intellect founder and decentralization advocate Vincent Weisser and Skylar Weaver, Devcon and lead for the Ethereum Foundation. D/acc suggests focusing on human-AI collaboration and augmentation rather than fully autonomous AI. In May, Buterin cautioned against “superintelligent” AI, calling it “risky.” It also strongly differs from the prevalent Silicon Valley and Big Tech notion of effective accelerationism (e/acc), which advocates for an explicitly unrestricted, pro-technological stance, such as allowing artificial intelligence to proceed basically unhindered. Buterin’s d/acc advocates for a controlled, cautious approach to technological development and promotes more decentralization. This could include advancing technologies that allow for more resilient infrastructure, pandemic preparedness , cyber defense, and information defense, such as tools to combat misinformation. Related: Vitalik Buterin says AI could help solve Ethereum’s ‘biggest technical risk’ The philosophy is positioned as a middle ground between unchecked technological acceleration and overly restrictive regulation. “I see far too many plans to save the world that involve giving a small group of people extreme and opaque power and hoping that they use it wisely,” Buterin said. The philosophy “seeks to create and maintain a more democratic world and tries to avoid centralization as the go-to solution to our problems,” explained Buterin. Meanwhile, degen memecoin minters wasted no time in creating unrelated tokens called DACC, some of which have already surged 400%, according to DEX Screener. Magazine: Bitcoin bull rally far from over, MetaMask partners with Mastercard, and more: Hodler’s Digest Aug 11 – 17 

Vitalik Buterin Registers 'dacc.eth' ENS Domain, Advocates Defensive Accelerationism