Autor: Julian Smith Datum: To: System undo crew Betreff: Re: [unSYSTEM] Not coinvalidation. Seed validation. Not coin
coloring. Seed coloring.
1. Do you have a link to the outcry?
On Sun, Jan 5, 2014 at 11:05 PM, Thomas Hartman
<thomas@???>wrote:
> There was an outcry a while ago over the efforts of
>
> https://coinvalidation.com/ >
> and some allies of theirs to bootstrap an address registration
> initiative. I'm not sure what's going on with that, but I assume it's
> still ongoing, and that law enforcement and governments around the
> world are creakily getting ready to monitor and tax bitcoin.
>
> Anyway, I just had an intuition that the way of the future is probably
> bip32 hierarchical key spaces. Rather than reusing addresses, we'll be
> reusing seeds.
>
> So, the "validation" fight is likely to be over public seeds, not
> public addresses.
>
> I am not sure what the implications of this are, but I think it bears
> thinking about.
>
> For one thing, you could have the illusion of privacy because your
> seemingly paranoid business partner gives you a fresh payment address
> every time you transact... but he's shared the public seed with
> CoinValidation co, so you're not wearing a ski mask but only a fake
> mustache.
>
> Seed registration, folks.
>
> It's coming.
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