CryptoVoter Brings Decentralized Voting To Bitcoin; On Oct. 23, Vote To Increase The Block Size

A decentralized, open-source voting platform called CryptoVoter allows bitcoin holders to vote on bitcoin development issues. The value of each voter’s vote is proportional to how much bitcoin they own, making the system similar to a shareholder referendum. Introduced by startup Lewes, Del.-based Blockchain Innovation Labs Inc., the CryptoVoter uses the block chain to cast and audit votes. The questions are proposed by bitcoin holders. After each poll deadline, the system scans wallet balances of addresses associated with the votes and automatically calculates the total for each answer and displays the results. CryptoVoter Polls Bitcoin Users On Development Issues On […]

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