Bitcoin, the alternative to currency taking the Internet by storm, now may move to another mission. Some advocates want to translate the technology into online voting. Advocates promise a utopian voting scheme driven by smartphones and apps that can overcome all the inherent vulnerabilities to classic e-voting thanks to Bitcoin’s un-hackable code. But the reality is that total security and anonymity online is a virtual impossibility (pun intended) – and both are absolutely crucial to a fair and reliable election. Bitcoin might be the world’s first viable digital currency; it exists entirely in electronic form, and is regulated by a market of online buyers and sellers, rather than a nation and a central bank. As a currency, it is an intriguing experiment. As the foundation of a democratic election, it quickly loses its luster.Full Article: Bitcoin Voting and the Myth of the Un-Hackable Election.
Jun 27 2014