Bitcoin Forum

I just thinked about a revolutionary feature for a new possible world-changing coin.

I want to gift this idea freely to the world, in hoping of that some kind developer may want to take it.

Well, the idea is a voting-system integrated in the wallet. The only requisite for voting is having a minimal coin amount (this amount could be the tricky setup config for success).

Then, the coin would be self-regulatory, because every holder of the coin would be equally heared everytime is needed.

The implementation shouldn't be too much difficult, just take a look at projects like bitmessage or so. Working on the top of a blockchain the safety and security is enough.
A "democracy develoment system" where the people, teams, developers, economists, lawyers, scientists... could send projects for the people to vote for them and build a system of bounties taken from a fee % of transactions.

The coin could be PoS, PoW or even a mix.

What do you think about my idea?
Could it be possible, or too "utopical"?
What would you change?

Some coins already have a voting system.
Memorycoin has this system integrated in its wallet.
The weight of the vote depends on amount of the coins you have in the wallet.
Quite close to the idea you are proposing here.

Well I know about it, but, why would be a health-based voting system would be world-changing?

That is what the world has right now about economy and politics, the richest lobbies take all decissions, because they have the "power"
In my system, the richest and the poorest holder of the coin would have the same strength in the decission.

I don't know any political system that has this feature, because until this moment on the history, there was no physical way to control it. Now with cryptocurrencies it can be real.

Why don't you make it?

Interesting idea ;D show me when you made it ;D

I like this bit  :)

Hardly possible. If let's say, you would need at least 1 Coin to have a vote, I could simply transfer all my coins in fractions of single coins and vote with each. (Example I have 10 coins, transfer them in 10 different Addresses = 10 Votes)

Only solution would be that there has to be a central authority which gives out addresses to user, which need to register with their ID to get one (so they could only get one). Which would put the whole control over who can use the coin and what does he use it for into a single hand.

How do you make this work thou??

What would stop someone making 1000 wallets with a few coins in so they can make more votes.

The ideas are good, but getting it to work will be tough.

Yeah, the guy above you said exactly the same. It's a good point. Cryptos as they are now wouldn't allow for it, or not easily. Interesting thought though...

Well I must think to improve the idea, at that moment I was just trying to give some inspiration to any hungry dev :P