I don’t think we do have a working theory that explains all the observed evidence. We know the theory without dark matter is wrong, because the vast majority of galaxies don’t agree with it. But we don’t have a new theory that holds together that does explain the observations, with or without dark matter.
Basically “dark matter” just means “something that makes the observations work” and the choice of words “dark matter” is because it would work to have some kind of yet-unexplained matter that doesn’t interact with the matter we know about. It looked like it might also work to change the theory of gravity, in which case that was a bad choice of placeholder name — but now this is a counterexample to that idea.
Basically “dark matter” just means “something that makes the observations work” and the choice of words “dark matter” is because it would work to have some kind of yet-unexplained matter that doesn’t interact with the matter we know about. It looked like it might also work to change the theory of gravity, in which case that was a bad choice of placeholder name — but now this is a counterexample to that idea.