Without privacy, DAO governance fails

On-chain governance — the cornerstone of decentralized autonomous organizations (DAOs) — was envisioned as the paragon of democratic decision-making in the blockchain industry. 

Yet the promised utopia of fair and transparent governance has encountered a significant stumbling block: the lack of privacy.

While transparency is a hallmark of blockchain’s promise, it has inadvertently laid bare the vulnerabilities of governance systems. Non-private activity during voting processes becomes susceptible to a myriad of human biases. Bandwagon mentalities, vote-bribery, social signaling and group-think emerge as unsuspecting accomplices, distorting the sanctity of decisions made within…

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