1232
11936
$297,872,305,841
$1,545,830,831,886
63%

EthPolls


Reported

Category
Other
Platform
Ethereum
Smart Contracts
0x13e7b02667530ce32ad46bdd8a2bbc26a05d4acd

0x267c595da13ca8fc71ed3bfecef9d4acf2462664

Online poll voting and statistics suffer the vulnerabilities of voting bots, uneducated users who cast votes and a centralized third party hosting the vote. A real world example of these issues is on many exchanges. Exchanges often hold votes in which they allow users to vote on which coins they want as a listed asset on the exchange. The coin with the most votes wins. More often then not, coin developers/project leaders pay for voting bots or dishonestly encourage the community to vote on their project. Holding votes on a blockchain allows for votes to be protected from voting bots via Ethereum's protocol (specifically gas transaction fees), this also eliminates the incentive for uneducated users to vote since each vote will cost a small amount of Ether and each voter can only vote once. EthPolls removes the third party and ensures additional security and honesty regarding votes.

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