The post Ethereum’s Taiko Achieves Milestone with Largest Anonymous Community Vote Using MACI Technology appeared on BitcoinEthereumNews.com.

COINOTAG News reports significant advancements as Ethereum Layer 2 network Taiko recently accomplished its inaugural online hackathon, collaborating with DoraHacks to execute a monumental anonymous community vote. This vote achieved participation from over 920,000 individuals, establishing it as the largest on-chain voting initiative utilizing MACI technology within the Ethereum ecosystem. The Grant Factory hackathon fostered creativity among developers, urging them to conceive innovative applications and projects aimed at generating positive societal impacts. The Minimal Anti-Collusion Infrastructure (MACI), a system conceptualized by Ethereum co-founder Vitalik Buterin, revolutionizes the voting landscape by integrating zero-knowledge proofs. This essential mechanism offers substantial privacy measures while mitigating risks of collusion and fraud inherent in traditional voting methods. MACI ensures that votes are securely encrypted on-chain, preserving both their integrity and the anonymity of voters. In each MACI voting session, the roles of operators and users are distinct. Users submit their encrypted ballots to the MACI smart contract, while only operators can access the contents of these votes. After the completion of the voting period, operators are tasked with publishing the results, thus facilitating transparent and accountable community decision-making. Source: https://en.coinotag.com/breakingnews/ethereums-taiko-achieves-milestone-with-largest-anonymous-community-vote-using-maci-technology/

---

Filed under: News - @ January 28, 2025 9:17 pm