Ethereum will get non-public on-chain voting instrument by means of a16z’s ‘Cicada’

Andreessen Horowitz (a16z) introduced a brand new non-public, on-chain voting instrument for Ethereum builders referred to as “Cicada.”

In a weblog publish, a16z developer Michael Zhu acknowledged current on-chain voting options however famous that lots of these methods are totally public and clear.

Working tally privateness

By providing non-public voting, Cicada addresses points present in public voting, corresponding to vote manipulation and improper voter incentivization.

Cicada particularly permits for operating tally privateness, which means it conceals the variety of votes for every possibility till voting ends. This method depends on time-lock puzzles, which conceal particular person votes for a set period of time, and homomorphic time-lock puzzles, which mix the opposite puzzles and conceal the general tally.

Zhu mentioned that Cicada is also used for voter anonymity and poll privateness with the addition of zero-knowledge group membership proofs.

Cicada is a Solidity library, which means it’s suitable with the programming language utilized in Ethereum good contracts. Zhu mentioned the library is environment friendly sufficient for use on Ethereum’s mainnet (versus layer 2 networks).

Actual-world use not really useful

Zhu acknowledged on Twitter that on-chain voting will not be “not prepared for high-stakes real-world use circumstances but” however expressed hope for future progress.

Within the meantime, quite a few blockchain initiatives have governance methods that depend on on-chain voting. For instance, Uniswap and different DeFi platforms use on-chain governance to decide on which blockchains to deploy to, whereas the stablecoin venture Maker makes use of on-chain voting to find out the make-up of its reserves and different choices.

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