Skribent: Thomas Hartman Dato: Til: System undo crew Emne: Re: [unSYSTEM] Not coinvalidation. Seed validation. Not coin
coloring. Seed coloring.
Not one specific thing but all over.
http://www.google.com/search?site=&source=hp&ei=xbfJUo-LHuHsyQHhvoDQCw&q=site%3Areddit.com+coin+validation&oq=site%3Areddit.com+coin+validation On Jan 5, 2014 4:18 AM, "Julian Smith" <julian.smith@???> wrote:
> 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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>
>
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