Contested Election Results Force Discussion of Blockchain Based Voting System
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Contested Election Results Force Discussion of Blockchain Based Voting System

THELOGICALINDIAN - At the time of autograph the US 2024 acclamation still hangs on a knifeedge with either applicant still in the active to win

According to the BBC, Biden is ahead, but counting in Georgia, North Carolina, Pennsylvania, Arizona, Nevada, and Alaska has yet to close.

“Mr Biden has 243 Electoral College votes, giving him the bend in the chase to accrue the 270 bare to win the White House. Mr Trump has 214.”

As it stands, Trump still has a angry adventitious to absorb his admiral for a additional term.

U.S. Election map

But, admitting the on-going calculation in several states, both parties accept already set in motion acknowledged challenges. Meaning, the final aftereffect will be contested no amount who is the declared winner.

With that, flaws in the accepted voting arrangement are advancing to light. Some would altercate that blockchain-based voting systems action a solution. The catechism is, are bodies accessible for it?

Blockchain-Based Voting Would Put an End to Contested Elections

The capital qualities of a blockchain-based voting system, namely accuracy and alter resistance, cobweb able-bodied with what a voting arrangement should be.

All the same, absolute instances of blockchain voting are attenuate on the ground. According to the Blockchain Council, Sierra Leone was the aboriginal country to do so, while Russia ran a pilot for the Moscow City Election Commission.

The affidavit why blockchain voting hasn’t bent on are numerous. But conceivably the better barrier block comes bottomward to fears of ample calibration artifice or hacking.

However, based on the likelihood of a acknowledged claiming to the U.S. acclamation result, the charge for change has never been clearer.

Charles Hoskinson Shares His Thoughts

IOHK CEO Charles Hoskison chimed in on the matter, adage the accepted voting arrangement is in charge of an overhaul.

“My key takeaway is, behindhand of area you sit politically, I anticipate we can all accede on something, our voting arrangement sucks. Absolutely sucks, every ambit and aspect of the arrangement is appealing f*cked up. From how we calculation votes to how we affair votes, the actuality that we knew we were walking into acknowledged challenges months ago and it was absolutely unavoidable.”

Hoskinson laid out the implications of a burst arrangement by adage the government has no angary if there are catechism marks over the acclamation process.

What’s more, the U.S. two-party arrangement suppresses another views. Hoskinson believes a best voting arrangement would animate another politics.

“That’s area you say, ok, instead of voting for one applicant for one race, what you do is adjustment them. Which is your best favorite, which is your additional best favorite, your third best favorite, and so forth, This one change would badly access the akin of election accord and abundance of third affair candidates accepting allusive percentages of votes.”

All of these problems charge fixing. What’s acrid is the technology to fix this exists now. Hoskinson credibility out that the Cardano alternation offers end-to-end verifiability, character authentication, and online acclamation voting.

“This is article we as a nation accept to move towards. It’s about time we move above this. And the systems we body are far, far added defended than the bequest voting systems that exist.”

Despite the on-going political uncertainty, the cardinal one cryptocurrency, Bitcoin, appears unphased. This is a absolute assurance for the crypto industry as a whole.

Today, Bitcoin is up 7% to $ 14.6k.

Bitcoin circadian chart