Saturday, June 7, 2025
No Result
View All Result
Blockchain 24hrs
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoins
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Blockchain Justice
  • Analysis
Crypto Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoins
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Blockchain Justice
  • Analysis
No Result
View All Result
Blockchain 24hrs
No Result
View All Result

Ethereum L2 Taiko and DoraHacks Are Launching the Largest Anonymous Community Vote in Crypto History

Home Bitcoin
Share on FacebookShare on Twitter


Singapore, Singapore, February seventh, 2025, Chainwire

Taiko, an Ethereum Layer 2 community, and DoraHacks, the most important hacker motion in crypto, are spearheading the largest nameless neighborhood vote ever performed in Web3. The initiative goals to advance decentralization in neighborhood governance by way of the Taiko Grant Manufacturing facility Hackathon.

The Taiko Grant Manufacturing facility Hackathon is designed to unleash developer creativity—driving innovation, interactive purposes, and initiatives with real-world affect. After months of intense competitors, the finalists are actually heading into the voting part—one of many greatest steps but towards large-scale, community-driven decision-making.

On the core of this vote is Minimal Anti-Collusion Infrastructure (MACI), a game-changing privacy-preserving and collusion-resistant voting mechanism initially conceptualized by Ethereum co-founder Vitalik Buterin. Vitalik has lengthy identified the elemental flaws of conventional voting methods—fraud, collusion, privateness leaks—and MACI is Ethereum’s reply to fixing them. Dora Manufacturing facility, the decentralized governance protocol, carried Vitalik’s mission and shipped one of the best MACI product the market has seen.

For the ultimate spherical of Taiko’s Grant Manufacturing facility Hackathon, voting shall be executed totally on-chain through MACI, making certain encrypted ballots, zero-knowledge proof integrity, and safety in opposition to vote shopping for and collusion. Customers will submit their votes by way of sensible contracts, with timestamps recorded on-chain, making the method clear but personal. On the finish of the voting spherical, outcomes shall be revealed by the designated operator, making certain each equity and credibility. As an incentive, Taiko is distributing 50,000 Trailblazer factors to contributors, which can later translate into an airdrop.

“That is decentralization in motion,” says Ben Wan, Taiko’s Neighborhood Director. “We’re thrilled to carry MACI to this scale and grateful to the neighborhood for taking part in Taiko’s progress. The way forward for Ethereum is decentralized, and we’re right here to make that occur—collectively.”

This vote isn’t simply massive—it’s historic. Over 920,000 contributors are participating, making it the most important whitelisted nameless neighborhood vote in Ethereum’s historical past

The voting occasion has attracted important participation, with greater than 920,000 people anticipated to participate, making it one of many largest whitelisted nameless neighborhood votes in Ethereum’s historical past.

Steve Ngok, Accomplice at DoraHacks, provides: “We’re extremely excited to work with Taiko on launching the largest MACI-powered vote in Ethereum historical past. DoraHacks and Dora Manufacturing facility have dedicated assets to increasing Ethereum’s mission—advancing MACI for decentralized governance and privateness safety. We look ahead to exploring MACI’s full potential alongside Taiko and its dynamic neighborhood.”

About DoraHacks

DoraHacks is the world’s largest hacker motion and a number one international platform for open-source funding, hackathons, and developer grants. Since its inception in 2014, DoraHacks has empowered 200,000 builders and funded 20,000 modern startups in a number of frontier tech verticals in Web3, AI, Quantum and extra.

For extra info on the Taiko Grants Program, customers can go to https://taiko.xyz/grant-program.

Contacts

Steve Ngok[email protected]George Pagonis[email protected]



Source link

Tags: anonymouscommunitycryptoDoraHacksEthereumHistoryLargestLaunchingTaikoVote
Previous Post

Fake Phantom Wallet Update Pop-Ups Are Stealing Crypto

Next Post

Stablecoins Could Expand US Dollar’s Reach

Related Posts

4TH Stage Of Dogecoin Parabolic Curve Says  Is Still Possible, Here’s The Timeline
Bitcoin

4TH Stage Of Dogecoin Parabolic Curve Says $1 Is Still Possible, Here’s The Timeline

June 7, 2025
Bitcoin 2025 Las Vegas: Here’s What Went Down
Bitcoin

Bitcoin 2025 Las Vegas: Here’s What Went Down

June 6, 2025
Ethereum Stabilizes After Market Drop – Key MA Reclaim Could Trigger A June Rally
Bitcoin

Ethereum Stabilizes After Market Drop – Key MA Reclaim Could Trigger A June Rally

June 6, 2025
UK Financial Watchdog Proposes Lifting Ban on Crypto ETNs for Retail Investors
Bitcoin

UK Financial Watchdog Proposes Lifting Ban on Crypto ETNs for Retail Investors

June 6, 2025
US DoJ Moves to Seize .7M Linked to North Korean Crypto Laundering Case
Bitcoin

US DoJ Moves to Seize $7.7M Linked to North Korean Crypto Laundering Case

June 6, 2025
Uber to Start Using Stablecoins, Could Top Altcoins Soar Next?
Bitcoin

Uber to Start Using Stablecoins, Could Top Altcoins Soar Next?

June 6, 2025
Next Post
Stablecoins Could Expand US Dollar’s Reach

Stablecoins Could Expand US Dollar’s Reach

‘Outsized’ Altcoin Season Incoming Once Key Bitcoin Metric Reverses Uptrend, According to Crypto Analyst

‘Outsized’ Altcoin Season Incoming Once Key Bitcoin Metric Reverses Uptrend, According to Crypto Analyst

Facebook Twitter Instagram Youtube RSS
Blockchain 24hrs

Blockchain 24hrs delivers the latest cryptocurrency and blockchain technology news, expert analysis, and market trends. Stay informed with round-the-clock updates and insights from the world of digital currencies.

CATEGORIES

  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Blockchain Justice
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Web3

SITEMAP

  • About Us
  • Advertise With Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2024 Blockchain 24hrs.
Blockchain 24hrs is not responsible for the content of external sites.

  • bitcoinBitcoin(BTC)$104,646.002.53%
  • ethereumEthereum(ETH)$2,481.962.15%
  • tetherTether(USDT)$1.000.04%
  • rippleXRP(XRP)$2.173.03%
  • binancecoinBNB(BNB)$645.861.45%
  • solanaSolana(SOL)$148.361.47%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.1810204.85%
  • tronTRON(TRX)$0.2782670.71%
  • cardanoCardano(ADA)$0.664.41%
No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoins
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Blockchain Justice
  • Analysis
Crypto Marketcap

Copyright © 2024 Blockchain 24hrs.
Blockchain 24hrs is not responsible for the content of external sites.