voting

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.

Next year, the number of hawkish voting members of the Federal Reserve may increase to at least three

ChainCatcher news, according to Jin Shi reports, the annual changes in the composition of the Federal Reserve's FOMC voting members next year may slightly increase resistance to further rate cuts. Compared to the outgoing voting members, the incoming voting members are more hawkish. TD Securities analyst Oscar Munoz stated, "This opens the door for more dissenting votes next year."At the December FOMC meeting, 4 of the 19 Federal Reserve decision-makers wrote down forecasts indicating that this rate cut was inappropriate, with Cleveland Fed President Mester casting a dissenting vote. Mester will exit the FOMC next year, to be replaced by Chicago Fed President Goolsbee, who believes that the policy rate needs to be significantly lowered next year, clearly more dovish than Mester. However, the other two new voting members—St. Louis Fed President Bullard and Kansas City Fed President George—will make the 2025 voting members' stance more hawkish, as they will replace the centrist Atlanta Fed President Bostic and San Francisco Fed President Daly.TD Securities analysts speculate that Bullard is one of the four policymakers who submitted dissenting forecasts against this rate cut, with George possibly being the other, both of whom have hinted at some hesitation regarding further rate cuts. The fourth could be Fed Governor Bowman, who opposed a 50 basis point cut in September but may have shifted to support this week's cut during the two-day meeting.
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