Paper elections are cheap, reliable and more importantly trustworthy even to people that have no idea what a symmetric key, hash or blockchain even is. But we had to go and screw up by creating extremely insecure voting machines and then come up with crazy schemes like this one to fix them. Do people really think all this complexity is a good thing? Paper elections are very well understood but you can easily come up…
Paper voting doesn't allow for much more citizen involvement than most "democratic" countries have today. You can hold elections every few years, maybe a referendum once or twice a year at most, but any more than that and it becomes inconvenient, inefficient and not so cheap. As a citizen, I want to be more involved. Even in a representative democracy, I want to hold my representatives responsible for their actions.…
Essentially votes can be cast on every subject (for the very interested voters), or delegated to another representative (for the less interested voters).
This could have some interesting side-effects, not all positive; I'd expect volatility and cult of personality to increase. But then that's the trajectory of politics in general recently, so perhaps there's not much more to lose. Benefits would include the ability for voters to actually enact the legislation that they want, but which no legislators will choose to implement (e.g. anti-corruption/insider trading laws).
[edit: link is here: http://www.tdcommons.org/cgi/viewcontent.cgi?article=1092&co...]