http://money.cnn.com/2015/01/06/technology/security/bitcoin-bitstamp-hacked/index.html
This is what I remember seeing. What is the difference if the network handling bitcoin votes is hacked or overwhelmed by DOS attacks on election day (in GOP areas)?
That was not the block chain that was hacked. It was the secure server that housed the bitcoins. It is a big difference. Most people store bitcoin in an off-line, “cold storage.”
I am not going to spend my time explaining how bitcoin works or how the block chain works. There are plenty of primers online to explain it better than I.
It is ok to think Bitcoin is silly. I understand the skepticism. The Blockchain is a different thing altogether. Its strength is in the public-ness of it. If someone tried to falsify or hack an id, it would not be confirmed by the system because it would be out of order. And it would be out of order everywhere on the network.
It would not track that “Joe Smith” voted for Trump. It would track that “Joe Smith” voted from his assigned IP address, at what time, and that his voting was written to the network and confirmed. Anyone pretending to be Joe Smith later that day would be rejected.
In my town they just cross a line through the name. They don’t ‘know’ me, per se. They just check my name off the list. Not really sure how safe that is?