3 ms·
Bitcoin sustains about 7 transactions per second. In 2022 there were roughly 168 million registered voters in the United States. It would take 24 million seco
by bcrl 3y ago
Bitcoin sustains about 7 transactions per second. In 2022 there were roughly 168 million registered voters in the United States. It would take 24 million seconds to publish 1 transaction (vote) per voter using a bitcoin style blockchain. The math doesn't work. Bitcoin is not a solution to this problem.
- thephyber 3y agoThroughput isn’t fixed across all blockchain implementations. It’s possible to fork/side chain BTC to accommodate far more transactions per block, thus drastically increasing throughput. I still think _ergonomics_ of making sure every eligible voter can use the system is far more important that making it {immutable, distributed, transparent}. Also, the immutability property is a double edged sword as someone losing control of their wallet secret key would lead to a leak of everyone they voted for. Or worse yet, if voter ID is tied to wallet ID instead of government-issued ID, one organization could go around stealing private keys in order to steal those ballets.