We launched the "Law-Making" Campaign of the Crypto World in October 2022. We believe decentralization does not equal chaos, much less a breeding ground for crime and greed. The crypto world needs order urgently. Rules are the foundation of a legal order. Rules of the Crypto World should be Bottom-up made, derived from the consensus of crypto citizens, instead of imposed by traditional states. We believe that "Consensus is Law." Code might be the law, but the coder alone has no authority in law-making. Democracy is the foundation of any law. We want to unite the entire crypto world to make the law of Web3, by Web3, and for Web3.
The Tornado Cash Sanction has raised legal questions about blockchain privacy. The traditional regulatory system has not answered those questions and also inspired us. We decided to initiate our first law-making campaign on privacy law.
We will host a referendum that opens to all crypto citizens. We want to put the "trickiest" questions of crypto privacy law in front of crypto citizens to let them decide and establish this native legal order. Since November, 2022, a research group (more than 40 members) on crypto privacy law has been formed within LegalDAO. Through academic research and seminar hosting, we have selected more than 30 crypto privacy law questions, such as: what legal form should privacy service providers take; what is the "boundary" of on-chain data privacy; who should be accountable, etc. These questions will be presented so that any crypto citizen can easily understand and express their opinion, with sufficient supporting material for reference. We will also invite crypto projects/companies/law firms/organizations to come and vote. As of now, we have more than 50 partners.
After gathering consensus, LegalDAO members will edit, codify and publish the final "Law." We hope this attempt can benefit every participant in the crypto world. We might be able to standardize or codify the "Law" to help establish an industrial self-discipline mechanism or provide low-cost compliance methods for crypto projects. We might also lead traditional regulations in a direction that is in the best interests of the Crypto World. But that all depends on how strong our consensus is.
- The definition of data subjects and their inherent rights (specifically, right to protect privacy and personal information by seeking privacy services);
- The classification of privacy on blockchain;
- The contour of privacy and personal information that should be protected in the context of blockchain;
- The definition of data controllers, collectors, and processors, and their respective obligations in the context of blockchain; and,
- The appropriate way to inform data subjects of their rights and risks when involved in on-chain activities.
- Legal forms of privacy service providers (e.g. DAOs, smart contracts, companies, etc.), their respective obligations and potential risks under the existing regulatory framework;
- A summary of existing privacy-preserving mechanisms, their legal risks pertaining to data protection, anti-money laundering, tax evasion, etc. (We will thoroughly examine regulations and law enforcement patterns in major jurisdictions to find a point of balance between high-level of privacy and regulatory requirements.); and,
- Technical and legal solutions to safeguard users' privacy while satisfying regulatory requirements.
- A legal and risk assessment framework for blockchain privacy-preserving mechanisms;
- The classification and grading of privacy tailored for on-chain activities.
Under our framework, we have selected some questions focusing on the following three sections:
- Crypto privacy: objects, scenarios and types
- Privacy protection for blockchain data
- Privacy-preserving tools/services
Here are them for your review: Draft of Voting Questions
Each question consists of 3 parts:
[the question]
[choices]
[background infomation]*
*Here we shall provide necessary background information, and briefly elaborate on the covered technical or legal issues(around 500 characters), so that voters may better understand the question and realize the significance of them.
This project requires interdisciplinary research and cooperation between stakeholders from diverse backgrounds, thus it can be a demanding task for any single individual or entity. As an inclusive community, LegalDAO has gathered competent people to make this happen. Now, we call on and invite more participants to join us, share your insights and demands to make this referendum better and more crypto-native.
- Suggest new voting questions
- Provide background information for the questions
- Review existing voting questions (including the wording, the scope, the choices and the background information)
- Suggest new questions that you find valuable
- Comment on the existing voting questions
- Express your opinions, concerns or experience on crypto privacy protection
- Share your valuable opinions and insights on crypto privacy protection
- Help us promote this referendum and attract more crypto citizens to participate (click here to see our invitation letter)
We provide detailed guidance for beginners. You may quickly master basic commands even without technical backgrounds.
- Step1: fork our repository by clicking on the
forkbutton on the top right of this page
- Step2: open "Draft of Voting Questions.md" by clicking here and clicking on the
changebutton on the top right of this page
- Step3: add your comments or make revisions, and click on
propose change
- Step4: on the following page, click on
create pull request
Once completed, your version of work will be available to the public and you may get feedback from other contributors.
-
Step1: open "Question Proposal Template.md" by clicking here
-
Step2: make changes and fill out the form
| Head | Content |
|---|---|
| Question | e.g. Do we need to protect crypto privacy? |
| Choice | e.g. A: YES B: NO |
| Background Information | Explain the question and related technical or legal information to help voters understand the background and logic of this question.(Around 500 words) |
- Step3: open a pull request
- Step 1: click on the
Issuebutton on the top left of this page
- Step 2: click on the
New Issuebutton to open a discussion
- Step 3: express your opinions and submit
Please note: once you open a pull request, your content will be available to the public. If you want to keep it private, please send your work to our email address at [email protected]
If you have any problem, please leave your comment here.
Here are some resources that you may find helpful, please check it here.
Disclaimer
- We fully respect your IP rights and if there is an IP rights infringement, please contact us at [email protected]
- Any third party content or material are their own. We do not claim IP rights to them or make any guarantee of their accuracy. Please do your own research before you make any decision.
We fully respect your efforts and contributions to this project. A certain amount of LegalDAO SBT-LEX will be sent to the core contributors in reward for their contributions to this project.
Thanks for your support and your donations will be used to maintain the website. With your support, we can do it better.
ERC-20 Address: 0x4546D37A3274D87f543bAE095A75BaE40820BD89
2023 Crypto Consensus Referendum Twitter
LegalDAO BD Officer Turing dm: twitter telegram: @Turing_wenxin