Hey all, I am throwing out an idea I’ve been toying with, for feedback and if it seems like an idea worth pursuing, possibly a BIP number.
The goal is to make straight forward stealth address that are SPV friendly and easy to support in software without too much special goop. I’ve got working code at https://github.com/ricmoo/sandbox/tree/master/stealth, and here are some example transactions on the block chain: Target Public Key: 029ed06e396761c24416cf7323ed4f1cb29763ee9e2b0fccae347d6a2a3eaecbf5 Target Public Key [tentative] Encoding (this is what you would give away): 59KkSZsVE7vErdqo8m5gtNoez44CbdwJQ5cSM1AAARzN19vkJ6NU Revocable Payment made: b4ad20cad4cc2fcbbec09bc071dfe8c4a4b1e8e57d1e56bf51947445cfc6c7af Irrevocable Payment made: f600643a1d32152117be0d9c652a86dc6182d2dab3be53340739395f524cd95c Cleared out all funds from stealth address: 58eb0fdab108c7add74835466251ffe5c51c7f4cec149f06daf0435d43d9ce55 Idea overview: There are 2 modes of operation, revocable and irrevocable payments. Revocable payments result in both parties knowing the private key, allowing for a certain level of plausible deniability when the funds are swept, as to whether the funds were actually sent or were revoked… You could imagine WikiLeaks stating they will not claim donations for 1-3 months after receiving them; if the funds are claimed after 1.5 months, did the sender actually send funds? The other option is irrevocable, where only the receiver can claim the funds (allowing them to leave them in that address until they need to be spent). The basic idea is (the above code above gets into the nitty gritty), to send to targetPublicKey: Given the UTXO set of inputs into a transaction, choose one at random, senderUtxo Use ECDH(targetPublicKey, senderUtxo.privateKey) as sharedSecret For revocable payments, you are done; use sharedSecret as your privateKey, compute the address For irrevocable payments, create a sharedPrivateKey from the bytes of sharedSecret, use ECC addition (or would multiplication make more sense? advantages?) on the public key of sharedPrivateKey and the targetPublicKey. The receiver can then use ECC addition (or multiplication) on the sharedPrivateKey and the targetPrivateKey to generate the coresponding privateKey. The SPV-able part, is lightly discussed in the top of stealth.js, but I haven’t played with bloom filters enough and the idea is still all too fresh in my head; the general idea is to make a 1-of-2 multisig where the first is the resulting stealth address, and the second is something (anything) that looks like a valid public key, but will match a bloom filter (given a tweak that is generated deterministically from the targetPublicKey) and matches the targetPublicKey. Again, I need much more feedback on this. Thanks, RicMoo .·´¯`·.¸¸.·´¯`·.¸¸.·´¯`·.¸¸.·´¯`·.¸¸.·´¯`·.¸><(((º> Richard Moore ~ Founder Genetic Mistakes Software inc. phone: (778) 882-6125 email: [email protected] <mailto:[email protected]> www: http://GeneticMistakes.com <http://geneticmistakes.com/>
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