TAIKO

Taiko collaborates with DoraHacks to launch a large-scale anonymous community voting event based on MACI proposed by Vitalik

ChainCatcher message, the Ethereum L2 network Taiko is collaborating with the global geek movement platform DoraHacks to establish standards for community voting, providing the largest scale of anonymous community voting for a hackathon.Taiko's Grant Factory hackathon encourages developers to design projects that focus on providing innovative solutions, engaging and interesting applications, or generating positive social impact. After months of competition, the finalists will enter the final round of voting, marking a step towards greater community-driven decision-making.The Minimal Anti-Collusion Infrastructure (MACI), initially proposed by Ethereum co-founder Vitalik Buterin, is a mechanism that provides privacy and anti-collusion voting in community environments. Concerns about obstacles in traditional voting systems, such as fraud, collusion, and lack of privacy, prompted him to propose on-chain solutions to these issues.MACI uses zero-knowledge technology to ensure that votes remain confidential while maintaining integrity and preventing bribery or coercion. In a MACI round, there are two roles: operators and users. Users vote on-chain for the MACI smart contract through encrypted votes. These votes are timestamped on-chain, and only operators can see their votes, with results published after the voting is completed.

Web3Caff Research released a research report on the Based Rollup track: Can the entry of Taiko and Puffer drive them to become the ultimate Rollup?

ChainCatcher news, the Web3 industry research and analysis platform Web3Caff Research recently released an in-depth report on the Based Rollup track. Web3Caff Research researcher Wildon pointed out in the report that with the development of blockchain technology and the surge in market demand, Ethereum is gradually unable to handle the massive transaction volume.As a result, the concept of Rollup emerged, separating transaction execution from the mainnet and moving it off-chain for computation, thereby alleviating the computational burden on the mainnet. This is currently the main solution to Ethereum's scalability issues. In the thriving Rollup ecosystem, Optimistic Rollup and ZK Rollup are the two main factions.However, whether it is Optimistic Rollup or ZK Rollup, although they effectively improve transaction processing speed, they also have limitations in terms of security, MEV, decentralization, latency, and computational costs. In light of this, Ethereum researcher Justin Drake proposed the concept of Based Rollup in May 2023, where the mainnet takes on the role of the Rollup sequencer, allowing Rollup to inherit more characteristics of the mainnet in an attempt to break through the dilemmas it faces. The report further points out that while Based Rollup has advantages such as decentralization, enhanced security, and simplified architecture, it also carries inherent issues.
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