Hey guys,
I'm really hopeful about the future of Bitcoin and Blockchain system; but I'm curious about one thing. Is Blockchain capable of creating fair elections? If we can achieve that goal, that will be the biggest and most sensational innovation of Bitcoin and Blockchain for the world and humanity! What do you think about it?
Current state of blockchain is very bad idea as a platform for fair elections. You see fundamentally blockchain works like this:
You make a transaction and whole world sees it and can confirm that this transaction took place and you can prove that you performed this transaction.
Now let's assume your transaction is a vote - looks fine, right? a fair votes that easy to count and above all it's immutable? However this fundamental propery makes it very easy to sell your vote i.e. you can easily prove that you have voted for certain party. For voting system a very different system have to be crafted - one that allows you to cast a vote (send the transaction) but in such a way that AFTER you sent the transaction nobody (even you) can prove where it was sent (so you can't prove you have voted for certain party) to elliminate any possibility to sell the vote. There is no blockchain that capable of doing so (even ZCash can't do it).
"Now let's assume your transaction is a vote - looks fine, right? a fair votes that easy to count and above all it's immutable?
However this fundamental propery makes it very easy to sell your vote i.e. you can easily prove that you have voted for certain party." Hello bro, would you mind explaining the above (colored and bolded) post? I have read and re- read the comment, still can't understand the message you trying to pass across. Are you saying people aren't supposed to know the parties that others vote for?