Taiko and DoraHacks Execute Largest Anonymous Community Voting Effort
Taiko's Grant Factory hackathon has encouraged builders to put their heads together and design projects that focus on providing innovative solutions, fun and engaging apps, or a positive social impact. After months of hard work, the finalists are being sent to a vote in a final round that marks a step toward greater community-driven-decision making.
Initially proposed by Ethereum co-founder
MACI uses zero-knowledge technology to ensure the votes remain confidential while maintaining integrity and preventing vote-buying or coercion. In a MACI round, there are two roles, the operator and the user. Users vote on-chain with an encrypted vote to the MACI smart contract. These are time-stamped on-chain and their vote is only visible to the operator, who then posts results when voting is finished.
"This historic MACI implementation demonstrates Taiko's commitment to true decentralization. The enthusiasm we've seen from our community, both in building and voting, shows that decentralized decision-making can scale. We look forward to supporting the winners as we build a more decentralized future for Ethereum," said
At over 924,300 members, this marks the largest community vote using the MACI framework.
"We are very excited to partner with Taiko to launch the MACI community voting rounds with the largest whitelist in Ethereum's history. The DoraHacks and Dora Factory team have dedicated our resources to carry on Vitalik and Ethereum's mission to advance the R&D of MACI to democratize governance while defending privacy. We look forward to expanding MACI and exploring its potential with Taiko and their immense, vibrant community," said
Find more details on the Taiko Grants Programme here.
View original content to download multimedia:https://www.prnewswire.com/news-releases/taiko-and-dorahacks-execute-largest-anonymous-community-voting-effort-302362111.html
SOURCE Taiko
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- OCI N.V. statement on NNS
- How Cangzhou Is Gaining From Beijing-Tianjin-Hebei Integration
- Shanghai International Film & TV Market Draws Record Global Participation
Create E-mail Alert Related Categories
PRNewswire, Press ReleasesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share