Scalable voting request for funding

[rbkhmrcr]

Request for Nest membership and funding (#40)

Team name: ZKLabs

Proof of concept / research whitepaper:
Developed paper is part of initial deliverables. Prior work includes:

• https://github.com/mattdf/RingCrypto/
• https://eprint.iacr.org/2012/577.pdf
• https://github.com/solidblu1992/RingCTToken

Burn rate: Cost is $145k in development and support costs; 60k allocated to research phase, and 85k allocated to implementation phase.

Legal structure: GmbH

Team and roadmap

Proposal

The work will produce off-chain signature generation with efficient on-chain verification. The scheme will scale well and the steps beyond key registration and final verification will be done off-chain.

The goal is to support on-chain ring signing that can handle a member set with size of at least multiple thousands. Primary use cases would be voting and authentication, ideally with the option of verifiable anonymity.

Currently, no ring signature implementation can scale to anything beyond 10-15 participants per ring, per block. We hope the R&D undertaken through this grant will serve as a foundation to overcome these limitations.

The end product should be a set of libraries supporting the on-chain and off-chain processes, and a proof of concept implementation for scalable on-chain voting that leverages the Aragon platform. A diagram of the interplay of the components in the final delivery can be seen here.

[CLAassistant]

All committers have signed the CLA.

[mariapao]

Hi @bekahoxoo thank you for submitting the request for funding. After having reviewed your application I'm pleased to let you know that your request for funding is approved. Scalable private voting is key for Aragon!

Next steps: I'll send you an email to schedule a call this week to go over some minor details to close this process and discuss the payouts/disbursements of the grant.

Welcome to nest! :)