Kite Protocol Introduces Private Voting Power Delegation
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🪁 Kite protocol enhances private voting power delegation in DAOs. The new Kite protocol addresses the need for privacy in voting delegation within Decentralized Autonomous Organizations (DAOs), allowing members to delegate, revoke, and re-delegate their voting power without disclosing their choices. Unlike existing systems that only support public delegation, Kite ensures that neither the delegate nor the voter reveals their identities, with only the action of delegation being publicly recorded. Implemented as an extension to the Governor Bravo smart contract on the Ethereum blockchain, Kite’s security is analyzed within the Universal Composability framework. The protocol’s practical evaluation shows that delegation can take between 7 and 167 seconds, depending on the desired privacy level, making it a significant advancement in secure voting mechanisms.
