[ANN][VOT]: VoteCoin - a new era of anonymous crypto democracy

[Gaffary]

Good day!
I've been following the project since day one. Invested in the ICO and received the promised bonus.
But I don't understand the voting function:

1. What is it?
2. Who can run the voting procedure, any person who has a wallet and coins?
3. How to use voting?
4. What functions does it give us?

Would love to get a detailed answer, because many do not have an accurate understanding of all the function of our coins.

Good luck!
https://hostingkartinok.com/show-image.php?id=fe51864ff0dd5ac0f18a901a857f96cd
https://hostingkartinok.com/show-image.php?id=051d7a487d7fadd11c8acb531290e71a

[1715263478]

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[1715263478]

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[1715263478]

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[1715263478]

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[maxlumnar]

Good day!
I've been following the project since day one. Invested in the ICO and received the promised bonus.
But I don't understand the voting function:

1. What is it?
2. Who can run the voting procedure, any person who has a wallet and coins?
3. How to use voting?
4. What functions does it give us?

Would love to get a detailed answer, because many do not have an accurate understanding of all the function of our coins.

Good luck!

Hi Gaffary,
The voting function is not yet functional in the current release, so i will be talking about what it will do in the next release (that is already  in testing right now).
Anyone can run/organize a vote. This is the good part, as you don;t need anything like a masternode or special permissions to do it, you just set up your own poll/election and run it (at the costs required by the network, that are very low).
To use the voting you will need to follow intuitive steps from within the interface (in the next release), and to participate in a vote you will need an invite code from whoever organized that vote.
The functions are more than just voting, it allows participants to stake an amount of vot coins on their decision, or to transfer funds in case of a crowdfunding.
You can read a more complete explenation of each feature (use case) here:

Staked Polls
This is kind of a new concept, even if it is used in certain common situations. It basically means you are betting money on your decision, and push the power of your vote with actual value. "paying for winning" is a major concern, thats why the tiny but powerful option on the lower right side allows poll organizers to limit participation just to the coins they distributed. For example, the organizer could give an equal number of coins to the people that should vote, or variable number of vot coins depending on internal rules of that community (lets say older members get more vote power than new ones).
This ensures that raw financial power will not sabotage the vote result.

Decision funding
In case it is a public vote, where its all about getting people to invest in one or an other decision (decision funding), then anyone can push as many coins as he wants in his vote, because that wouldn't be sabotage, instead it will fit exactly with the purpose of the poll.

Crowd funding
This is similar to decision funding, but used for a different purpose. In a decision funding you might need only members of that specific group or community to participate in the decision, but in crowd funding, it should be possible for anyone to put his money only in the development branch he wishes to.

Public Bets
This a very interesting use case scenario. We are not sure if it will be presented as a separate feature or it will be based just on the existing functionality. As an example, an organizer could hold such a public bet, and offer 70% of the accumulated VOT as jackpot/reward to the winner(s), and keep 30% for himself.
This would be an interesting way to earn VOT and play at the same time, but we are concerned about technical ways to prevent fraud (ideas are welcome as always).

We have in plan many adjacent features that will make all this easier and more clear to use, but this is a first preview with a more technical perspective of what we are trying to create here 


PREVIEW IS HERE:

[Rejinx]

I am absolutely against, the world is absolutely not ready to switch to such a way of voting in elections.

[Gaffary]

Maxlumnar, I carefully read all messages and posts, but I use an automatic online translator, so the meaning is not always clear.
Need to do supporting the wallet for people like me:) as it is very difficult to understand what was going on and how the future use of all preimushestva wallet and coins.

Now I can't even figure out how to start voting in the future/what it is for, who will see my poll, will it be necessary to pay for the poll and so on? ))
There are many questions, and the answers because of the difference in languages are incomprehensible. 

[maxlumnar]

I am absolutely against, the world is absolutely not ready to switch to such a way of voting in elections.

It is not about political elections! It is a system that helps all sorts of polls and elections (community elections, company decisions, crowd opinion). Political elections will never change anytime soon and that is not our target. Our purpose is to offer a very secure and democratic way of raising funds, financing decisions, and allowing participants in a vote (all sort of situations where a vote is needed), to sustain their decision with a financial involvement.

I hope that makes things more clear, if not please explain your concern

[maxlumnar]

Maxlumnar, I carefully read all messages and posts, but I use an automatic online translator, so the meaning is not always clear.
Need to do supporting the wallet for people like me:) as it is very difficult to understand what was going on and how the future use of all preimushestva wallet and coins.

Now I can't even figure out how to start voting in the future/what it is for, who will see my poll, will it be necessary to pay for the poll and so on? ))
There are many questions, and the answers because of the difference in languages are incomprehensible. 

I can only hope that the interface will be intuitive enough for any user to use. I am sorry for not being multi-language right now, but as the demand increases we might consider offering the interface or at least the documentation in multiple languages. Currently our main focus is on the functionality and development. Thank you for understanding.

[Kilverline]

i cant load gui wallet .. what wrong

[coinstatic]

Hi Everybody,

We have added Votecoin to the coin voting page of the ADZbuzz Exchange on https://adzbuzz.com

The ADZbuzz Exchange is the next big crypto exchange built on top of a social content discovery network which will allow traders to earn their favorite coins daily just for trading using a 100% unique system.

You can read the ADZbuzz Exchange whitepaper here: https://adzbuzz.com/Adzbuzz-Exchange-White-Paper.pdf

We are in the process of adding new coins the next weeks/months and everybody gets a free vote, here you can vote for VOT:

https://forum.adzbuzz.com/forum/cryptocurrencies/announcements/16568-adzbuzz-exchange-coin-vote-get-your-favorite-coin-listed-on-the-adzbuzz-exchange

Good luck!
The ADZbuzz Team

That is awesoem, but when i try to register i get this

Sorry, registration has been disabled by the administrator.

maxlumnar thanks for letting us know

This has been resolved now and you should be able to register and vote

[votecoin.site]

i cant load gui wallet .. what wrong

GUI wallet is in a pre-release state and it can be broken, depending on when you downloaded it from github.
If you cannot load it, please restart your computer and try again. If the problem persists, please be so kind and make some screenshots so we can see how it looks like in the phase when it "cannot load". Thanks
-Tom

[Zebra#]

I'm looking forward to seeing the initial version of the voting platform. You guys could be onto something huge here and it's flying under the radar big time.

[votecoin.site]

NEW RELEASE - VoteCoin v1.0.15

https://github.com/Tomas-M/VoteCoin/releases

For the first time it contains Text Mode (CLI) for Mac OS X (for somewhat more experienced mac users).

This release contains internal support for polls/elections/etc. It also contains improvements from ZCash version 1.0.15
( https://github.com/zcash/zcash/blob/master/doc/release-notes/release-notes-1.0.15.md )

[punkoivan]

Nice!
What do you exactly mean "internal support"?

Great job and Thanks.

[votecoin.site]

Internal support for voting means modifying the way how the underlaying zcash core handles outgoing transactions in VoteCoin - in particular, allowing multiple outputs to the same address within the same transaction. This was introduced by VoteCoin for the voting mechanism, and the very same changes will also be used by the hush protocol now, since they incorporated it into their fork as well - the same method but for different reason.

-Tom

[UTKN]

Nice work! Consistent and promising 

[TeamCyr]

Internal support for voting means modifying the way how the underlaying zcash core handles outgoing transactions in VoteCoin - in particular, allowing multiple outputs to the same address within the same transaction. This was introduced by VoteCoin for the voting mechanism, and the very same changes will also be used by the hush protocol now, since they incorporated it into their fork as well - the same method but for different reason.

-Tom

Hi Tom,

The BitcoinZ team forked the Bitpay Android Wallet. Is it possible to do the same for Votecoin? I wish I could help but I dont know programming at all. I just started mining though. 

[votecoin.site]

I see no way in porting VoteCoin to Android before Sapling.
FYI, Sapling is a new proving scheme developed by ZCash which VoteCoin is going to adopt as soon as zcash adopts it, for faster shielded payments with low memory requirements. It should go live at the end of 2018

-Tom

[brooklynite1]

I see no way in porting VoteCoin to Android before Sapling.
FYI, Sapling is a new proving scheme developed by ZCash which VoteCoin is going to adopt as soon as zcash adopts it, for faster shielded payments with low memory requirements. It should go live at the end of 2018

-Tom

Hi I just started mining 16.5 hours ago and the return is only 47% of what calculator shows. Any idea why? Is there like a 50% hidden pool fee?

http://pool.votecoin.site/workers/t1XbpXb5Uioi71eWEPSYsEayVZqxSSvbojY

[brooklynite1]

I see no way in porting VoteCoin to Android before Sapling.
FYI, Sapling is a new proving scheme developed by ZCash which VoteCoin is going to adopt as soon as zcash adopts it, for faster shielded payments with low memory requirements. It should go live at the end of 2018

-Tom

Thanks . its interesting how android rules the world outside of Crypto. Majority of these new altcoins don't support android although its linux based. I'm not talking about coinami I'm talking actual branded miner like BTCZ has done.

[TeamCyr]

I see no way in porting VoteCoin to Android before Sapling.
FYI, Sapling is a new proving scheme developed by ZCash which VoteCoin is going to adopt as soon as zcash adopts it, for faster shielded payments with low memory requirements. It should go live at the end of 2018

-Tom

Thanks . its interesting how android rules the world outside of Crypto. Majority of these new altcoins don't support android although its linux based. I'm not talking about coinami I'm talking actual branded miner like BTCZ has done.

Yea I agree BTCZ has done a great job. It is such an undervalued coin its crazy. Just like VOT is also way undervalued.

[votecoin.site]

I see no way in porting VoteCoin to Android before Sapling.
FYI, Sapling is a new proving scheme developed by ZCash which VoteCoin is going to adopt as soon as zcash adopts it, for faster shielded payments with low memory requirements. It should go live at the end of 2018

-Tom

Hi I just started mining 16.5 hours ago and the return is only 47% of what calculator shows. Any idea why? Is there like a 50% hidden pool fee?

http://pool.votecoin.site/workers/t1XbpXb5Uioi71eWEPSYsEayVZqxSSvbojY

No, there is no fee.
Try other pool to check if your result is the same