Please describe your proposed solution.
Privacy, integrity, verifiability, receipt-freeness, dispute resolution – these are only some of the properties that can be simultaneously achieved using state-of-the art voting mechanisms. And this is why they are desirable and in many ways superior even to paper-based voting systems:
- privacy: no attaining information about anyone else's vote
- integrity: correctness of the election outcome
- verifiability: any participant being able to verify that his/her vote has been correctly taken into account and that the overall recorded votes are tallied correctly
- receipt-freeness: it is not possible for a voter to afterwards prove to an adversary how he/she voted – this is an important feature to protect against corruption
- dispute resolution: when a voter detects manipulation he can convince others that the election operator is dishonest, while the operator cannot be falsely convicted
Such systems can be implemented even off-chain without sacrificing decentralization. The advantage of off-chain solutions is that they are fee-less and hence elections can be made more available and conducted at a higher frequency which is essential for the well-function of democratized DAO-like structures.
Our team intends to bridge the gap between theoretical results and corresponding implementations specifically tailored to the Cardano ecosystem (i.e. participation via Cardano wallet). All resulting tools will be made open-source. We believe such infrastructure is essential for a thriving community-governed ecosystem venturing into a new era of true democracy and decentralization.
Please describe how your proposed solution will address the Challenge that you have submitted it in.
DAOs are inherently based on the ability to conduct digital elections. And the well-functioning of a DAO crucially depends on the quality of the underlying voting solution. With this project we're aiming to bring the best properties of voting mechanisms known to cryptographers (and in many cases these properties are best-possible) to the Cardano ecosystem. Every project having open-source access to high quality election implementations will give a massive boost to community governance of many projects in the ecosystem. Cardano <3 DAOs and DAOs <3 secure elections.
What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?
As we already have an overview of state-of-the-art voting protocols, and a lot of experience with writing software that integrates well into the Cardano ecosystem, we don’t see any risk that the project can’t be delivered successfully. Also, we will not encounter any budget problems as any extra costs will be covered by the MuesliSwap team. Since developing DAO-like community governance is also part of the MuesliSwap roadmap, the team has a high interest in developing quality solutions. As we have a big development team, we will also not encounter risks like development staff leaving.