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The point of disclosure isn't to get a first order effect of preventing corruption (I don't know of any sensical mechanism that means publishing a name ensures
by hirsin 9y ago
The point of disclosure isn't to get a first order effect of preventing corruption (I don't know of any sensical mechanism that means publishing a name ensures it's not on a certain list). Obviously the government (should) knows if a winner is related to a government employee, but the only way to enforce that is to allow the public to verify that (or so the argument goes).
- bennyg 9y agoThis seems like a decent application of the Blockchain.
- tylersmith 9y agoThere is no "the Blockchain". Which properties of a blockchain do you think would help with this situation?
- andrestan 9y agoThe magical part where it solves all of our problems with magic.
- currymj 9y agono, finally, for once, this is actually a real application of the blockchain! specifically any that has support for zero-knowledge proofs so that transactions are actually anonymous. you could have a bunch of people buy lottery tickets by sending currency to a smart contract, and then have it transfer the money to a random winner's address, and make the winner's address available only to the holder of the lottery contract's private key.
- lostlogin 9y agoTo an outsider this wouldn’t look that different to money laundering or some sort of large drug deal or arms trade.
- icebraining 9y agoHow would you verify that the holder of the lottery contract would actually send the prize to that address?