Taiko and DoraHacks Launch Historic Anonymous Community Vote on Ethereum
A Historic Step in Decentralized Governance
Taiko, an Ethereum Layer 2 network, and DoraHacks, a leading crypto hacker movement, are collaborating on the biggest anonymous community vote in Web3. This initiative aims to advance decentralization in governance through the Taiko Grant Factory Hackathon, fostering innovation and real-world impact.
Introducing MACI: Secure and Private Voting
At the heart of this vote is Minimal Anti-Collusion Infrastructure (MACI), a privacy-preserving and collusion-resistant voting mechanism. Originally conceptualized by Ethereum co-founder Vitalik Buterin, MACI addresses traditional voting flaws like fraud and privacy leaks. Dora Factory has developed MACI to ensure secure, on-chain voting.
On-Chain Voting Process
The final round of the Taiko Grant Factory Hackathon features on-chain voting via MACI. Participants submit votes through smart contracts with encrypted ballots and zero-knowledge proofs, ensuring transparency and privacy. Results will be revealed by a designated operator to maintain fairness.
Incentives for Participation
Taiko is offering 50,000 Trailblazer points to participants, which will later convert into an airdrop. This incentive encourages community engagement and rewards contributors to the ecosystem.
A Milestone in Ethereum History
With over 920,000 participants, this is the largest whitelisted anonymous community vote in Ethereum's history. Leaders from Taiko and DoraHacks emphasize the significance of this milestone, highlighting the potential of MACI for future decentralized governance.
Empowering the Future of Ethereum
This initiative underscores the commitment to advancing Ethereum's decentralized vision. By leveraging MACI, Taiko and DoraHacks are setting a new standard for secure, community-driven decision-making in Web3.
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