Vitalik proposes to use ZKP technology to establish an anonymous voting mechanism for ETH holders
In response to community discussions about ETH holders participating in the governance of the Ethereum Foundation (EF), Ethereum co-founder Vitalik Buterin supports the establishment of an anonymous voting tool similar to "anoncast" for ETH holders. Through Zero-Knowledge Proofs (ZKP), users can verify the amount of ETH they hold and set their speaking frequency proportionally. For example, a user holding N ETH can express an opinion every (120 million /N) seconds.
He suggests implementing this mechanism on decentralized social platforms such as Farcaster or Lens Protocol to ensure that the entire process is intermediary-free and fully trustless. Vitalik believes that this method can avoid noise interference from social media, truly reflect the collective voice of ETH holders, and showcase the potential of Ethereum technology.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The US SEC will issue guidelines for cryptocurrency custody services
Negotiations on the U.S. crypto market structure bill may be postponed until January next year
Kazakhstan is advancing its national crypto and blockchain strategy with Solana at the core.
Trending news
MoreCrypto prices
More
