The Blockchain know-how can be utilized to develop a system to carry an election. That is what has been introduced by Pooyan Ghamari, the founder and CEO of Swiss based mostly Counos firm. Counos has developed a system based mostly on its Counos X cryptocurrency that permits for the holding of elections in a clear and tamper-proof method that may be simply administered.
An essential a part of the Counos Blockchain-based election system is that the primary section of Counos X election system could be to make use of it for holding Blockchain-based elections within the nation of Switzerland. Moreover, it’s being developed in its scalability in order that it may lastly be used for the most important scale elections, reminiscent of United States presidential elections. In such massive scale elections, the amount of transactions and the pace of confirming transactions is essential. As such, Pooyan Ghamari has stated that Counos is at present engaged on this technique to extend its scalability and capability in a approach that it is going to be in a position to course of and register 10,000 transactions per second.
Why Ought to Blockchain Be Used for Voting?
A Blockchain-based election system would naturally deliver all the advantages of this know-how to the processes of an election, together with candidate registration, voting, and extra importantly the counting of the votes.
A Blockchain-based system, an election could be outlined within the type of a sensible contract. On this contract, totally different decisions could be recognized with a novel handle. Votes can be offered to voters within the type of a sure supply (for instance a sure variety of cash from a sure supply).
Voters can vote to their chosen candidate or select their favored choice by transferring their steadiness (or proper to vote) to the account of their chosen candidate or selection by scanning their handle. This switch can be recorded within the Blockchain and can be counted after a sure variety of block confirmations.
On the finish of the voting course of, the account whose steadiness comes from the supply that had already been outlined within the Blockchain community and specified within the good contract will decide the candidate or choice with the very best variety of votes.
Extra challenges have to be thought-about on this system and an answer have to be provided for them.
So, it’s fairly clear what benefits Blockchain know-how can have for the voting course of and elections. However can any Blockchain community be used for this function? Pooyan Ghamari has a distinct opinion and has made the next assertion on this regard:
“Nevertheless, it’s crucially essential to notice that after I speak about the usage of Blockchain know-how and a Blockchain community in holding elections, I don’t imply that any community can perform this process. Counos has particularly designed the community of Counos X to have the aptitude to carry elections. That is precisely why different Blockchain networks received’t have the ability to perform such massive scale elections.”
A lot of the Blockchain networks which might be available in the market and are used for cryptocurrencies, have a restricted capability in every block for processing transactions, and many of the obtainable house is already crammed with abnormal transactions, it might not be potential to make use of networks reminiscent of Bitcoin and Ethereum.
For the reason that variety of voters can generally be extraordinarily excessive, for example within the case of the final US elections the place greater than 150 million folks participated within the election, the community ought to have the capability to course of few million transactions in a day.
In different phrases, on this massively massive scale election, as much as hundreds of transactions must be recorded every second. If we need to put together the system for the height inflow of votes, it must be able to cowl a considerable variety of transactions every second, such that no different Blockchain community is able to doing so. So, to counter this challenge, Counos is growing the Blockchain community of Counos X election system to have the ability to course of 10,000 transactions per second.
Moreover, one more reason that present public Blockchain networks will be unable to carry massive scale elections is that they don’t assure that the despatched transaction can be recorded within the first obtainable block.
Given the community’s visitors, the transaction charge, and maybe different defining parameters, the time of a transaction being recorded in a block can differ. That is thought-about a problem for an operation that should happen and end at sure instances, particularly one thing as time delicate as voting.
As well as, the administration and holding an election will embrace figuring out candidates, verifying the identification of voters, stopping duplicate votes, and stopping faux voters. As well as, as talked about, present public Blockchain networks don’t present viable options for these challenges. Due to this fact, present typical buildings have to authenticate these issues.
So, it’s clear that not simply any Blockchain community can be utilized to efficiently maintain an election. However let’s see how Counos X elections system can maintain up its guarantees.
What Is the Election System of Counos?
The founder and CEO of this Blockchain platform, Pooyan Ghamari, has acknowledged that with a view to clear up all of the challenges that had been talked about above, Counos platform has provided the Counos X elections system. The construction of the Counos Blockchain community is being up to date to have the ability to course of at the very least 10,000 transactions per second. This quantity of transactions can meet the wants of enormous election programs, for instance presidential elections and even referendums.
Moreover, with a view to assure the security and safety of the community, sure steps have been considered. As an example, all of the lively mining swimming pools within the Counos community ought to meet a sure criterion to have the ability to mine blocks (together with the minimal quantity of credit score as laid out in system’s guidelines). Then again, community issue is managed utilizing particular method. All these make it more durable for a 51-percent assault to happen. Moreover, they forestall the altering of guidelines and so unknown swimming pools can’t exist. The small print of created blocks in every pool could be reviewed in a public and clear method.
In any voting middle, a brand new and unique handle is given to any voter along with the appropriate to vote (a sure steadiness of CCXX cash). The totality of those balances come from a sure supply that are offered to be fixed for all of the election transactions. This steadiness is shipped to an unique handle to every voting middle, which can then be used within the technique of elections by voters. In any election system, there may be an ID for any voter (this ID can come from the nationwide ID quantity). This ID is registered as a separate transaction within the Blockchain within the type of a message when the voting proper is transacted. That is so it turns into absolutely clear who has used their voting proper already. The registration validity of this ID must be authenticated by the organizers of the election exterior the Blockchain community based mostly on the variety of the registered IDs in sure time durations, the steadiness of the voting middle’s pockets can be recharged.
Transferring votes (particular steadiness within the unique handle) could be completed by way of particular voting wallets. Transaction ID and uncooked transaction are proven within the type of a QR code which could be recorded. On this approach, any voter can be certain that of how voting takes place.
Because the voting course of ends, the steadiness of voting facilities and the primary middle will grow to be non-transferable. Though, a sure time interval with a view to assure all of the transactions are absolutely acquired (by the chosen candidate’s account) can be taken into consideration.
A particular block explorer can be devoted to this technique. All of the legitimate votes can be proven on this explorer. The votes which might be forged exterior the outlined time interval or come from unauthorized sources, won’t be counted as a part of the ultimate steadiness, and in the long run the legitimate outcomes can be introduced.
These had been the small print offered by this election system developed by Counos and introduced by Pooyan Ghamari, which could be applied to hold out any election, from smaller scale ones, reminiscent of city-wide elections, to bigger ones, together with parliament and presidential elections.
