Updated 139 days ago

Ring DAO

Revolutionizing DAO interactions with cutting-edge ring signatures for secure, private voting and communication, ensuring enhanced confidentiality and integrity in decentralized governance.

  • Crypto / Web3
  • IPFS
  • Scroll
  • Chainlink
  • Metamask
  • DAO / Community
  • L2
  • Infra / API
  • ZK
  • Privacy
  • Social
  • DeGov
  • Cryptography
Members 1
Team info →
github.com/ring-dao
ringdao.xyz
@cypher_lab

RING DAO#

Introduction to Ring Signatures and DAOs

Decentralized Autonomous Organizations (DAOs) represent a paradigm shift in the way we think about governance and organizational structure, leveraging blockchain technology to enable a more transparent and democratic decision-making process. However, the public nature of blockchain can sometimes compromise the privacy of its participants. This is where ring signatures come in—a sophisticated cryptographic technique that allows a member of a group to sign messages on behalf of the group without revealing which member made the signature.

Project Overview: Ring DAO

Our project, Ring DAO, harnesses the power of ring signatures to enhance privacy in DAOs. By integrating the audited and developed ring signature library from Cypher Lab, Ring DAO introduces a robust framework for secure, anonymous public communications and voting within DAOs. This implementation not only protects user privacy but also encourages more open participation by eliminating the fear of potential repercussions associated with public stances on contentious issues.

Key Features

  • Privacy-Preserving Authentication: Ring DAO leverages ring signatures to enable token-gated authentication, allowing members to interact with the DAO without revealing their individual identities.
  • Secure Voting System: The project also innovates by incorporating ring signatures into the DAO's voting system, enhancing the privacy and security of the decision-making process.
  • Decentralized Governance: Ring DAO is designed to empower DAO members with a decentralized governance model, where decisions are made collectively and transparently.
  • Metamask Snap Integration: Ring DAO leverages the Metamask Snap API to seamlessly integrate the ring signature process into the user experience, providing a familiar and secure way for members to authenticate and vote within the DAO.

Ring Signatures

Ring signatures are a type of digital signature that provide anonymity and privacy for the signer. The signer creates a signature using their own private key, but their identity is hidden within a "ring" of multiple public keys.

What are LSAGs: Linkable Spontaneous Anonymous Group Signatures (over ECC)

LSAG, or Linkable Spontaneous Anonymous Group Signature over ECC, is a sophisticated cryptographic technique used for digital signatures. Its unique features include the ability to link multiple signatures to the same entity, ensuring anonymity for the signer, and enabling signature generation without requiring interaction with others. By leveraging Elliptic Curve Cryptography (ECC), LSAG provides a secure framework for group signatures, where multiple parties can jointly sign documents without revealing individual identities. This combination of properties makes LSAG a powerful tool for ensuring privacy and security in digital transactions and communications. Whether it's verifying the authenticity of documents or maintaining confidentiality in online interactions, LSAG offers a robust solution for safeguarding sensitive information in today's digital age.

Key features of ring signatures:

  • Anonymity: The signer's identity is obfuscated within the ring of public keys.
  • Unforgeability: Only a member of the ring can create a valid signature.
  • Efficiency: Ring signatures can be generated and verified efficiently.
  • Ring signatures have applications in areas like confidential transactions, whistleblowing, and e-voting.

For this project, we utilize Alice's Ring LSAG TS library, a TypeScript implementation of the ring signature algorithm.

Live contracts on Scroll Sepolia testnet

  • Private voting contract: 0x1ffdbaf886cb4ddfa97852fc919b14653f981453
  • Membership NFT contract:0x6e9a1082205896d75ebb3c72b1bbb593f31d781f
  • LSAG verifier contract:0x76a6409592983a2bd96a1fc928f40fcb0ff86f9f

By integrating ring signatures into the DAO framework, Ring DAO not only enhances the privacy and security aspects of decentralized governance but also opens up new avenues for trustless, inclusive, and equitable organizational structures. Our goal is to empower participants to engage fully and fearlessly, driving forward the true spirit of decentralized collaboration.

Documentation and requirements for demo can be found on the github organization page.