code: def run_election_new_upsert_validator(args, bigchain):
      
  
      new_validator = {
          'public_key': {'value': public_key_from_base64(args.public_key),
                         'type': 'ed25519-base16'},
          'power': args.power,
          'node_id': args.node_id
      }
  
      return create_new_election(args.sk, bigchain, ValidatorElection, new_validator)
docs: Initiates an election to add/update/remove a validator to an existing BigchainDB network
  
      :param args: dict
          args = {
          'public_key': the public key of the proposed peer, (str)
          'power': the proposed validator power for the new peer, (str)
          'node_id': the node_id of the new peer (str)
          'sk': the path to the private key of the node calling the election (str)
          }
      :param bigchain: an instance of BigchainDB
      :return: election_id or `False` in case of failure