Article Source: Taiko
The Ethereum L2 network Taiko, in collaboration with the largest crypto hackathon organization DoraHacks, is advancing the largest-ever anonymous community vote aimed at enhancing the decentralization of community governance.
Taiko's Grant Factory hackathon encourages developers to brainstorm and design projects focused on providing innovative solutions, interactive and engaging applications, or projects with a positive social impact. After months of effort, the selected projects will enter the voting phase, a significant step towards more extensive community-driven decision-making.
The Minimal Anti-Collusion Infrastructure (MACI) mechanism, initially proposed by Ethereum co-founder Vitalik Buterin, aims to provide a privacy-preserving and anti-collusion community voting solution. Vitalik expressed concerns about traditional voting systems' obstacles such as fraud, collusion, and lack of privacy, proposing a blockchain-based solution.
This vote marks the finals round of Taiko's Grant Factory hackathon, utilizing the Minimal Anti-Collusion Infrastructure (MACI) mechanism proposed by Ethereum co-founder Vitalik Buterin. MACI ensures voting privacy through zero-knowledge technology while maintaining the integrity of the vote, preventing vote buying and collusion. In the MACI voting round, users submit encrypted votes to a smart contract, with the votes timestamped on-chain visible only to the operator. After the vote concludes, the operator is responsible for announcing the final results to ensure fairness and trustworthiness. Taiko will reward community voters participating in the vote with 50,000 Trailblazer points (which will be later airdropped based on points calculation).
Ben Wan, Taiko's Community Director, stated, "Taiko is dedicated to advancing decentralization at all levels. We are thrilled to see this progress smoothly into the final voting round of the hackathon. We deeply appreciate the community members' participation in building and supporting Taiko and look forward to supporting the eventual winner as we collaborate in constructing the decentralized future of Ethereum."
This vote involves over 920,000+ members, marking the largest-ever anonymous community vote whitelist scale in Ethereum's history.
Steve Ngok, a partner at DoraHacks, said, "We are excited to collaborate with Taiko and launch Ethereum's largest-ever MACI community voting round, creating the largest whitelist in Ethereum's history. The DoraHacks and Dora Factory teams have allocated resources to continue Vitalik and Ethereum's mission, driving MACI's development to achieve decentralized governance while upholding privacy. We look forward to expanding MACI with Taiko and its vast and vibrant community, exploring its potential."
To learn more about the Taiko Grants program, please click https://taiko.xyz/grant-program.
This article is contributed content and does not represent the views of BlockBeats.
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