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Feedback regarding governance

Open 0xiliyan opened this issue 2 years ago • 0 comments

ZK principles should be safeguarded properly via verified decentralized nodes (single users). In terms of governance this could work like that - one verified human (not bot) has private zk proof of humanity and has the ability to vote with power of one, this eliminates bots / bad actors and ensures only trustworthy participants that can influence governance via sufficient decentralization.

This is contrary to networks where whales can manipulate by holding lots of tokens (e.g. A16z voting on Uniswap) or bot accounts can influence voting as well. By leveraging ZK technology users can privately authenticate themselves and participate in network governance and decentralization.

If there is an attack vector on a single user then only single node (vote) will be affected.

Based on your draft I believe ZK Credo could be an advanced Credibility protocol based on zk-proofs that can be embraced by multiple networks and not only Ethereum L1/L2.

I hope my feedback has been useful @gluk64

Regards, 0xiliyan

0xiliyan avatar Jun 23 '23 20:06 0xiliyan