{"id":176944,"date":"2020-11-30T17:45:32","date_gmt":"2020-11-30T17:45:32","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=176944"},"modified":"2020-11-30T22:32:58","modified_gmt":"2020-11-30T22:32:58","slug":"coinmarketcaps-twitter-poll-reveals-the-problem-behind-online-voting","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/coinmarketcaps-twitter-poll-reveals-the-problem-behind-online-voting\/","title":{"rendered":"CoinMarketCap\u2019s Twitter poll reveals the problem behind online voting"},"content":{"rendered":"<p>After posting a poll asking the community to vote on which crypto project is to receive an infographic, <a href=\"https:\/\/cryptoslate.com\/coinmarketcap-launches-platform-to-incentivize-learning-about-cryptocurrencies\/\">CoinMarketCap<\/a> found itself in the middle of a war between <a href=\"https:\/\/cryptoslate.com\/major-announcements-on-cardano-set-to-take-place-by-the-end-of-the-year\/\">Cardano<\/a> and VeChain. With around 15,000 voices cast for VeChain in the final seconds of the poll, the Cardano community accused <a href=\"https:\/\/cryptoslate.com\/coins\/vechain\/\">VeChain<\/a> of buying votes. However, despite the petty bickering it caused, CoinMarketCap\u2019s poll revealed a huge problem behind any kind of online voting\u2014a lack of an industry-wide identity solution.<\/p>\n<h2>A CoinMarketCap poll sparks a war between Cardano and VeChain<\/h2>\n<p>Earlier this week, CoinMarketCap posted a poll on Twitter asking its followers to vote on which cryptocurrency should be the next to receive an infographic. But, what started as an interesting proposal quickly turned toxic as people began noticing irregularities in the votes. Despite leading by several percent throughout most of the poll, Cardano was wiped out by VeChain in the last few seconds of the poll, when it recorded a sudden influx of 15,000 votes for VeChain.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Here there <a href=\"https:\/\/twitter.com\/CoinMarketCap?ref_src=twsrc%5Etfw\">@CoinMarketCap<\/a> here are the screencaps of the last few seconds of the poll closing where <a href=\"https:\/\/twitter.com\/vechainofficial?ref_src=twsrc%5Etfw\">@vechainofficial<\/a> picked up 15,000 votes within a second. Really? What&#39;s the verdict?<br \/>cc: <a href=\"https:\/\/twitter.com\/IOHK_Charles?ref_src=twsrc%5Etfw\">@IOHK_Charles<\/a> <a href=\"https:\/\/twitter.com\/Cardano?ref_src=twsrc%5Etfw\">@Cardano<\/a> hat tip <a href=\"https:\/\/twitter.com\/EpistleGoguen?ref_src=twsrc%5Etfw\">@EpistleGoguen<\/a> ? <a href=\"https:\/\/t.co\/6WxbElp5KA\">pic.twitter.com\/6WxbElp5KA<\/a><\/p>\n<p>&mdash; Rick McCracken (@RichardMcCrackn) <a href=\"https:\/\/twitter.com\/RichardMcCrackn\/status\/1331654089571266563?ref_src=twsrc%5Etfw\">November 25, 2020<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Most of the Cardano community, including some of its most influential voices, accused the VeChain community of buying votes. These accusations relied on screengrabs that are believed to have originated in the official VeChain Telegram group, which <a href=\"https:\/\/twitter.com\/HendrikxAndy\/status\/1331646353752154115\">show<\/a> some community members admitting that they have bought votes.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Credits to <a href=\"https:\/\/twitter.com\/EyeOfTheKing1?ref_src=twsrc%5Etfw\">@EyeOfTheKing1<\/a> <a href=\"https:\/\/t.co\/9YVhAgtyOt\">pic.twitter.com\/9YVhAgtyOt<\/a><\/p>\n<p>&mdash; Andy Hendrikx (@HendrikxAndy) <a href=\"https:\/\/twitter.com\/HendrikxAndy\/status\/1331646353752154115?ref_src=twsrc%5Etfw\">November 25, 2020<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>However, petty bickering between the two communities aside, the skewed votes on the poll have actually highlighted a very important problem in the industry\u2014a lack of a comprehensive identity solution.<\/p>\n<h2>Atala PRISM to the rescue<\/h2>\n<p>Quick to comment on the issue was <a href=\"https:\/\/cryptoslate.com\/charles-hoskinson-lays-down-the-path-for-cardano-governance\/\">Charles Hoskinson<\/a>, the CEO of <a href=\"https:\/\/cryptoslate.com\/companies\/input-output-iohk\/\">IOHK<\/a>, the company behind Cardano. While Hoskinson seemed unbothered about the results of the poll, he took the opportunity to highlight the problem behind any kind of online voting.<\/p>\n<blockquote><p>\u201cA massive surge of votes out of nowhere right at the end&#8230; And this is why we need PRISM,\u201d Hoskinson <a href=\"https:\/\/twitter.com\/IOHK_Charles\/status\/1331646127494418433\">tweeted<\/a>. \u201cNo more bots and Sybil attacks.\u201d<\/p><\/blockquote>\n<p>What Hoskinson is referring to is <a href=\"https:\/\/www.atalaprism.io\/\">Atala PRISM<\/a>, a decentralized identity solution built on Cardano. And while <a href=\"https:\/\/cryptoslate.com\/cardano-can-solve-twitters-security-problem-with-verified-tweets\/\">PRISM<\/a> has many different applications, it\u2019s most promising one is providing identity verification\u2014it offers a decentralized alternative to the issue of digital identity, allowing individuals to control, own, and verify their credentials. When combined with its ability to leverage blockchain to ensure data and product originality, this makes Atala PRISM a perfect facilitator of online voting.<\/p>\n<p>The ability to buy votes online is erased when the only way to vote is with a verified online identity. A simple solution that creates a tamper-proof system that not only protects the identities of the parties involved but also ensures all votes cast are credible and reliable.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After posting a poll asking the community to vote on which crypto project is to receive an infographic, CoinMarketCap found itself in the middle of a war between Cardano and VeChain. With around 15,000 voices cast for VeChain in the final seconds of the poll, the Cardano community accused VeChain of buying votes. However, despite [&hellip;]<\/p>\n","protected":false},"author":106,"featured_media":176952,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CoinMarketCap\u2019s Twitter poll reveals the problem behind online voting<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/coinmarketcaps-twitter-poll-reveals-the-problem-behind-online-voting\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CoinMarketCap\u2019s Twitter poll reveals the problem behind online voting\" \/>\n<meta property=\"og:description\" content=\"After posting a poll asking the community to vote on which crypto project is to receive an infographic, CoinMarketCap found itself in the middle of a war between Cardano and VeChain. With around 15,000 voices cast for VeChain in the final seconds of the poll, the Cardano community accused VeChain of buying votes. 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