Chapter 4: Governance War

Chapter 4: Governance War

Section 4: Mirror Alliance

June 2025.

Lin Qingyuan has been officially removed from ENF, and the Vaulta community labels him as a 'destroyer', but he remains unshaken. Three weeks later, he launched 'MirrorDAO' on Arbitrum - a chain-based mirror replica of Vaulta, governed by anonymous zk nodes, no longer accepting any native OGX addresses.

This split quickly triggered a 'governance civil war', as the official Vaulta attempted to freeze the liquidity of addresses participating in MirrorDAO but failed. The reason is: the MirrorDAO nodes introduced a zero-knowledge proof identity system, so no one knows who governs it, and no one can control it.

An anonymous hacker representing himself as 'Yori' threw a bombshell at the media:

'Vaulta has been hijacked by centralized governance, and we are merely reclaiming the original vision of the protocol.'

Meanwhile, an old video circulated, featuring a quote from Dan Larimer at the EOS launch event in Hong Kong in 2017:

'If the power on the chain cannot be checked and balanced, then it is not worth trusting.'

The community of #Vaulta was torn in half: one half continued to support the original system, while the other half began to migrate to MirrorDAO, with some even starting to bridge mainnet assets to the 'mirror layer' and initiating OGX recovery proposals.

The world began to pay attention to this revolution.

CNBC, Bloomberg, and Time Magazine all raised the same question:

'Is Vaulta's governance system an experimental field for a new financial order, or a suicide of idealists?'

Lin Qingyuan stood on the stage of the Amsterdam DAO conference, facing hundreds of global on-chain governance developers, and softly said:

'Decentralized governance is by no means about a group of token millionaires meeting to decide fate. What we need to do is reinvent 'trust'.'

The audience fell silent.

He knew this was not the climax; it was the prologue.