Bitcoin Forum

Bitcoin => Project Development => Topic started by: Coolstoryteller on September 06, 2014, 04:03:03 AM



Title: Votecoin [VOTE] decentralized voting concept
Post by: Coolstoryteller on September 06, 2014, 04:03:03 AM
Hey guys,

I just came up with this rough idea [VOTE] Votecoin to replace the aging electronic voting industry dominated by Diebold and co. Please note I came up with this half asleep so it'll need some fine tuning.

We would use the blockchain to verify the votes per national/state ID #. Each vote would only be able to be cast once per campaign, however it could possible to color a coin for different voting campaigns i.e. State, Local, Federal etc. There would be privacy issues involved though with disclosing private info on the blockchain so privacy technology would be something to consider in the scheme. I think if the concept were applied correctly it could reduce voter fraud to 0, while saving taxpayers billions of dollars in government contracts to private voting machine corporations. I think Bitcoin is doing an excellent job of decentralizing finance, but if we really want change and accountability we need to take back our votes from the private corporations. The concept of the block explorer when applied to voting could be an amazing weapon against political election/campaign. For example, being able to visibly see the voting results by searching your own transaction number to see if your own vote was calculated correctly.

I would be happy to fund the project if we can get some of the top minds in Crypto involved. I'm really not sure how we would monetize the operation because selling votes is illegal. However, I believe coming up with an incentive to have miners secure the network other than patriotism could bring in an entirely new generation into the crypto scene. Maybe putting the actual idea up as an asset/stock on an exchange and splitting the dividends to coin holders. Maybe the government contract funds could be used to purchase stock in the asset exchange then redistributed back to the voters?

http://en.wikipedia.org/wiki/Diebold  "Revenue: US$ 2.99 billion (FY 2012)[1]" according to wikipedia 2.4% of that is from Diebold Election Systems and this is just one of the major companies involved in the USA.

Look forward to hearing some feedback and moving this project forward.


Title: Re: Votecoin [VOTE] decentralized voting concept
Post by: ArsenShnurkov on December 09, 2014, 01:29:11 AM
will kickstarter (Swarm (https://www.swarm.co/), Koinify (http://koinify.com/#/), Lighthouse (http://blog.vinumeris.com/2014/05/17/lighthouse/)) help?

I wish to code this, but i need wage = $200/week (I accept bitcoins). I have no idea how long it will take (because don't plan it yet, and have areas to research).
Sources will be provided through github. Are you ready to sponsor this personally?


See also:
2014-05-21, Talkcoin has a decentralized vote feature = https://bitcointalk.org/index.php?topic=619210.0
2014-06-18, Qora = https://bitcointalk.org/index.php?topic=657357.0

Topics with similar idea:
2012-01-19, https://bitcointalk.org/index.php?topic=60229
2014-01-13, https://bitcointalk.org/index.php?topic=413196
2014-05-02, https://bitcointalk.org/index.php?topic=592516
2014-05-27, https://bitcointalk.org/index.php?topic=626798
2014-06-07, https://bitcointalk.org/index.php?topic=643187
2014-06-07, https://bitcointalk.org/index.php?topic=643697
2014-06-29, https://bitcointalk.org/index.php?topic=670433

Blockchains are generally the wrong tools for evoting— they don't solve any of the hard problems presented by that space.  They don't provide for censorship resistance (blockchains are not jamming free networks), they are generally privacy disasters (so they certantly don't help ballot confidentiality). They are not a sibyl free issuance mechanism, so they don't prevent parties from getting an unfair share of the votes.
I think electronic voting systems are exciting and interesting, but if you're using technology from Bitcoin to implement these systems you are likely using the wrong tools and will build something which lets people down.


Title: Re: Votecoin [VOTE] decentralized voting concept
Post by: ngenko on December 10, 2014, 11:23:01 AM
The market is huge!
Why a government would prefer using the services of a private company than using a free decentralized technology?
Because in case of problems, they have a phone number to call.
This is the same reason why banks today can use ripple but not bitcoin. Because they can call someone in case of problem with ripple (I am not a supporter of Ripple by the way).

I believe in decentralized voting system thanks to p2p tech and crypto, but I don't see any business case for that.

the guys developing OpenBazaar are not doing that for money.



Title: Re: Votecoin [VOTE] decentralized voting concept
Post by: Elwar on December 10, 2014, 11:58:00 AM
BitPools has blockchain voting.

Your eyes have been opened by Bitcoin...why try to upgrade a legacy system?

Satoshi did not say "let's replace the Federal Reserve with a decentralized fiat system". He said, let's revolutionize the way we use money.

So why focus on replacing a voting system for a legacy concept such as voting for people to decide what to do with your money?


What is the point of government? Everyone "gives" them money and they implement large projects supposedly in the interest of those that gave them the money.


Why do we need government to do this for us? Why not pool our money voluntarily for projects that we support?

Look beyond upgrading an old system. Look toward a new system that fulfills the need of the old system.