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RE: A Case for Stake-weighted Voting?

in #steem6 years ago

Why, for any reason, did anyone think account-based voting on a blockchain with no true identity verification would be a functional approach to holding a ballot?

Am I missing something? Projecting forwards towards Oracles and future-tech, or...?

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Yeah...

I think yabapmatt mentioned that Polls have some value for the non-serious stuff, but as soon as you are talking money the risks of foul play grows significantly.

I suspect, while we await Oracles, that stake will need to play a part - some won't like it of course, but I've not seen any better ideas surface with what we have available at present.

We need DNA/retina/fingerprint scan to become standard issue in all modern PCs. Turn the data into a cryptographic hash somehow and implement.

Also, I would quibble that if something is possible, it cannot truly be considered foul play, if the goal is an immutable matrix of information, as the universe is. I know it's something of a personal stance though, as there's little I detest more than unenforceable rules in contradistinction to actual natural law, like the boiling point of water.

However, we're in that painful period of technological transition (at least, we, the homely populace: can't speak for what the rich elite have achieved in military applications) where we fall very short of emulating that sort of informational integrity. It's nice in a way because it pushes human ingenuity to keep innovating and striving for a closer understanding of how things operate in nature.