According to Vitalik Buterin, there is a potential need to implement a pairwise-bounded voting system. This system would adjust the weight of a voter's influence based on their correlation with a specific group of other voters. The idea is to diminish the impact of highly correlated voting blocks, which may lead to more balanced and fair outcomes in decentralized governance decisions. This concept is relevant for traders as it could affect governance models in blockchain projects, potentially impacting project developments and token valuations.