Charles Hoskinson notes that the Cardano bloc chain is able to hold fair elections on its bloc.
The upcoming elections have already caused a huge hype.
Despite his efforts to organize votes on the Cardano bloc chain, decentralized voting is a comparatively difficult task.
The founder of Cardano and co-founder of Ethereum is striving for block chain voting in the Cardano network. He is convinced that his network can offer a solution that enables this up to national coordination processes. According to Charles Hoskinson, they have built an infrastructure that will make this possible.
Even though Charles Hoskinson is convinced that such a possibility can become reality. He nevertheless admits that it will not be an easy task to achieve such a feat. The mathematician reveals this to ensure the efficiency of such a solution. The developers will conduct numerous experiments before the start.
According to Hoskinson, the network could initially be open to third parties in order to conduct their primary elections before the state, local and finally federal elections.
Cardano block chain for the next elections
In his statements, the founder of Cardano explains that in a period of 3 to 5 years, after testing the solution at different levels of the electoral process, they can withdraw it and sell it to the government.
He assures that this block chain voting solution will be very suitable for countries that are confronted with many legacy issues. His company will be able to sell the solution to the government of Georgia and Ethiopia, who are always looking for innovative electoral systems for their elections.
Charles Hoskinson also points out that the IOHK in Lancaster, England, has set up a team to publish various research papers on electronic voting. The founder of Cardano, however, admits that setting up such a system will be very complicated. According to Hoskinson, a voting system on the block chain will require a lot of cryptographic effort.
In his explanation, Hoskinson explains that a voting system where the privacy of the voter is not the primary concern. Although it only focuses on counting votes, it will be easier to achieve even if you have a billion people to count.
However, when it comes to an election where the privacy of the voters is paramount. This may sound like verification, plus a paper ballot to back up the votes. Without a strong system it will not be easy to achieve much more. That’s why Charles Hoskinson is sure that achieving a block chain vote will be a challenge.