Researching Zero-Knowledge Proof in Blockchain Ecosystems for Enhanced Voting Transparency in Catalyst Voting Process—A Potential Application [v3]

In blockchain ecosystems, maintaining transparency and privacy has become an ethical dilemma. This is because, while certain specific information of the user is shared to ensure transparency of transactions across networks, such information could be detrimental to the user, as there is a possibility of it being tampered with. For instance, in the Catalyst voting process in Cardano, users can still see the amount of ADA tokens being held by other users, which can influence their voting options, especially when large ADA holders vote in support of certain ideas or proposals. To discourage such challenges as voter manipulation and vote buying, this study proposed the implementation of zero-knowledge proof (ZKP) in blockchain ecosystems to enhance the transparency of the catalyst voting process and enhance efficiency and speed of result release. Using survey questionnaire and a multivocal literature review, this study was able to proof that ZKP cannot only be applied in the catalyst voting process to enhance its transparency, but also addressed potential challenges to its applications such as scalability, encourage trust and fairness of the voting system, and improve voter participation due to its user-friendliness. Mathematical models emphasize scaled voting as optimal for balancing inclusion and plutocratic control.