Andreessen Horowitz (a16z) introduced a brand new personal, networked voting device for Ethereum builders known as Cicada.
In a weblog put up, a16z developer Michael Zhu acknowledged the prevailing on-chain voting options, however famous that many of those programs are utterly public and clear.
Privateness is enforced
By providing personal voting, Cicada addresses the issues of public voting, similar to vote manipulation and improper voter incentivization.
Cicada particularly permits knowledge assortment privateness, which implies it hides the variety of votes for every choice till the tip of voting. This methodology is predicated on time-lock puzzles, which disguise particular person voices for a sure time, and homomorphic time-lock puzzles, which mix different puzzles and conceal the general outcome.
Zhu stated Cicada is also used to make sure voter anonymity and poll privateness by including proof of zero-knowledge group membership.
Cicada is a Solidity library, which implies it’s appropriate with the programming language utilized in Ethereum sensible contracts. Zhu stated the library is environment friendly sufficient for use on Ethereum’s mainnet (versus Layer 2 networks).
Not really useful for actual world use
Zhu acknowledged on Twitter that community voting is “not but prepared for large-scale real-world use instances,” however expressed hope for future developments.
In the meantime, many blockchain initiatives have governance programs that depend on on-chain voting. For instance, Uniswap and different DeFi platforms use on-chain governance to decide on which blockchains to implement, whereas the stablecoin Maker mission makes use of on-chain voting to find out reserve composition and different choices.
The put up Ethereum Will get Non-public Community Voting Software By way of a16z Cicada appeared first on seethereality.
