Bitcoin Forum
June 18, 2019, 02:09:30 PM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: BitcoinVoice: Vote on polls using Bitcoin signatures with pseudo-Proof of Stake  (Read 203 times)
fpgaminer
Hero Member
*****
Offline Offline

Activity: 560
Merit: 502



View Profile WWW
June 21, 2017, 05:08:36 PM
 #1

I just finished the alpha version of www.BitcoinVoice.com

The recent debates about SegWit, Hardforking, etc and concerns about astroturfing led me to look for some way to cut through the bullshit. I wanted to build a platform where we could gauge the Bitcoin community's opinions, but in a way that's verifiable and meaningful; immune to astroturfing.

So I've spent the past few weeks putting together BitcoinVoice. Basically it's a list of polls, and anyone can vote in them. Votes are cast using Bitcoin signatures, so they can be verified. Each vote is weighted by the balance of the associated address. Proof of Stake without protocol changes! Tongue

I'm calling this an alpha release. It works just fine, but ... it's ugly as hell Tongue Sorry! Feedback, comments, etc are totally welcome! Please let me know what you think.

I really hope this can be useful!

Thanks for reading!

NOTE: The friendly folks over at #bitcoin informed me that a similar site already exists over at bitcoin.com ... which I didn't know about.  I guess ... at least BitcoinVoice isn't bitcoin.com? Tongue

1560866970
Hero Member
*
Offline Offline

Posts: 1560866970

View Profile Personal Message (Offline)

Ignore
1560866970
Reply with quote  #2

1560866970
Report to moderator
Try The Brand New Ethereum Game
50 Last Players Also Win The Bank
Works On Any iOS/Android Device With Standard Browser
Join Us On Telegram To Get Notified When You Can Win
COLOR PIXELS
AND WIN
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Iranus
Hero Member
*****
Offline Offline

Activity: 518
Merit: 503


View Profile
June 21, 2017, 07:18:55 PM
 #2

NOTE: The friendly folks over at #bitcoin informed me that a similar site already exists over at bitcoin.com ... which I didn't know about.  I guess ... at least BitcoinVoice isn't bitcoin.com? Tongue
Bitcoin.com is owned by Roger Ver, who has a very large amount of coins and openly supports big blocks.  It's possible that he signed with his own addresses, in which case the vote was void (because he owns more BTC than the amount used in the vote).

It's essential to have a neutral site on this.  The question is whether people would trust a smaller site to protect their privacy when they prove ownership of large quantities of Bitcoin.

There's also the fact that the economy doesn't have to dictate everything, because that would favour richer people.
fpgaminer
Hero Member
*****
Offline Offline

Activity: 560
Merit: 502



View Profile WWW
June 21, 2017, 08:30:17 PM
 #3

Quote
The question is whether people would trust a smaller site to protect their privacy when they prove ownership of large quantities of Bitcoin.
The only information I get from "voters" is a Bitcoin address, a signature, and an IP.  There's not much privacy to be lost there (besides, I don't log IP with the votes).  If users are concerned about IP, they can just hit the site through a proxy/Tor.

Quote
There's also the fact that the economy doesn't have to dictate everything, because that would favour richer people.
Yeah, I've struggled with this.  Thing is, though, Bitcoin as it exists today is already dictated by Proof of Stake.  For those who believe that miners control Bitcoin, Proof of Work is just a proxy for Proof of Stake.  A really poor proxy.  The more money you have, the more mining power you can buy.  But Proof of Work puts a layer of ASIC between, which is why it's a poor proxy.

For those who believe the economic powers of Bitcoin control the network (ala BIP148), that's also a proxy for Proof of Stake.  The economic powers are usually also the ones with a lot of coin.

It'd be nice if we had a Proof of Person system.  1 vote per human.  Democracy.  But that's not feasible in a decentralized system.  So we ultimately depend on alternatives, most of which are just forms of Proof of Stake.

You can cheat mining power, you can manipulate the number of full nodes, but you can't fake Proof of Stake.

Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!