The Taiko Ethereum Layer 2 network and DoraHacks have initiated the largest anonymous vote in Web3 history to advance decentralization.
New Vote in Web3
Taiko and DoraHacks are conducting a massive anonymous vote as part of the Taiko Grant Factory Hackathon. The initiative aims to elevate decentralization in community governance within Web3.
MACI Technology and Its Significance
At the heart of the vote is the innovative MACI technology, which protects the process from fraud and data leaks. It was developed by Ethereum co-founder Vitalik Buterin. MACI allows for anonymity and integrity in voting through smart contracts and encrypted ballots.
Participants and Event Importance
The vote is expected to involve over 920,000 participants, making it the largest in Ethereum's history. The event has garnered significant attention due to its scale and use of MACI technology.
This event marks an important step in the advancement of decentralized governance and privacy protection in the Web3 space.
