Vocdoni 🗳️
@vocdoni
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2616 Followers
1/3 🗳️ Introducing DAVINCI: the L2 zk-rollup for voting that fixes the flaws of both onchain and traditional systems.
🎉 We’ve raised $1M to build a voting protocol unlike any before:
Censorship-resistant, gasless, anonymous, anti-coercion, and massively scalable, secured by cryptography and Ethereum security.
Since 2018, our L1 blockchain has powered hundreds of elections for political parties, local governments, associations, and DAOs.
But technology evolves and today, breakthroughs in cryptography allow us to go far beyond what was previously possible.
That's why today we're building DAVINCI, a zk-SNARK–powered state machine, run by a decentralized network of offchain Sequencers with token incentivization.
Read the announcement and join the whitelist to get some perks!
📖 https://blog.vocdoni.io/davinci-universal-voting-protocol 10 replies
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We think that is a multifaceted problem, and many DAOs fail because their foundational principles are weak. For years, the ecosystem tried to build fully trustless orgs, but that model is set to fail, as it only fits a tiny subset of use cases (like Protocol DAOs). Most of the orgs rely on trust, leadership, and doocracy to function.
That said, there’s still plenty of room for experimentation. We believe Farcaster has the potential to become a strong home for DAOs (and communities) by solving many recurring DAO challenges with things that are already built: enabling governance directly within the feed, supporting reputation systems and identity layers, offering notifications, and making discussion frictionless. 1 reply
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