Re: [Bitcoin-development] Fidelity bonds for decentralized instant confirmation guarantees

2014-06-17 Thread Goss, Brian C., M.D.
...@petertodd.org Subject: Re: [Bitcoin-development] Fidelity bonds for decentralized instant confirmation guarantees To: Daniel Rice dr...@greenmangosystems.com Cc: Bitcoin Dev bitcoin-development@lists.sourceforge.net,Lawrence Nahum lawre...@greenaddress.it Message-ID: 20140616205041.GA21784@savin

Re: [Bitcoin-development] Fidelity bonds for decentralized instant confirmation guarantees

2014-06-17 Thread Mark Friedenbach
Not with current script, but there are mechanisms by which you can do a digital signature where signing two pieces of information reveals the ECDSA k parameter, thereby allowing anyone to recover the private key and steal the coins. Practically speaking, these are not very safe systems to use.