Better, "Bounty Collection as a Service", where sites can contract you to watch the contract space and notify them of bounties worth collecting for themselves. :)
On 25 August 2015 07:53:15 GMT+01:00, Steve Kinney <[email protected]> wrote: >-----BEGIN PGP SIGNED MESSAGE----- >Hash: SHA1 > >On 08/25/2015 01:32 AM, jim bell wrote: > >[...] > >> That technology is known as smart contracts—small computer >> programs that can do things like execute financial trades or >> notarize documents in a legal agreement. Intended to take the >> place of third-party human administrators such as lawyers, >> which are required in many deals and agreements, they can >> verify information and hold or use funds using similar >> cryptography to that which underpins Bitcoin. > >[...] > >> One example is a contract offering a cryptocurrency reward for >> hacking a particular website. Ethereum’s programming language >> makes it possible for the contract to control the promised >> funds. It will release them only to someone who provides proof >> of having carried out the job, in the form of a >> cryptographically verifiable string added to the defaced site. > >[...] > >> Contracts with a similar design could be used to commission >> many kinds of crime, say the researchers. Most provocatively, >> they outline a version designed to arrange the assassination of >> a public figure. A person wishing to claim the bounty would >> have to send information such as the time and place of the >> killing in advance. The contract would pay out after verifying >> that those details had appeared in several trusted news >> sources, such as news wires. A similar approach could be used >> for lesser physical crimes, such as high-profile vandalism. > >My first thought: What's to prevent the markets for contract hits >on websites and public figures from being monitored by potential >victims, and the bounties stolen by 'anonymous' parties, a.k.a. >the proposed victims themselves, by simulating the trigger >conditions for payouts? > >Really unpopular people could anonymously crowdfund actions >against themselves then collect the loot, a nearly perfect crime. > >Ultimately, human judgment must have veto power over the automated >decision processes - which would void the concept of an >impersonal, automated payout process, bringing the reinvented >wheel full circle. > >:o) > > > > >-----BEGIN PGP SIGNATURE----- >Version: GnuPG v1 > >iQIcBAEBAgAGBQJV3BDZAAoJEDZ0Gg87KR0LCmUQAJld9tv40ZRzAtqPtm/0Y4iW >5EbXaL/3Jj4EKmzl4vAfd535sLmOmbsWaRuiYZhiqFqVeL6nPPiDbsZfzOnaCZ7u >/vGEsOZDSmFQxseTn/ndQeW40gQ0Y9xHE2KVmA07NsGeeUiPzWZ66G5df42wdZqi >Pot0VYPHbO69akous6bW24uel0tZGsL/rZ2LxZNG6T60BObeHlj+XaHwQb+Q0zrS >vMjtp6FrVtuWzaaRUyjBB4bYpCzGLnaVcH4BLItxudDLAlZmo5cPlBzpcKlV5k59 >Bezi9FoA//OzPJOyBbzRlMAWmhjcqaH8VpKEYqtWcR/FbQvvoxecFwB4ajmPesvZ >xi1QzTd502IJQ2vbD0kUqlyxU/eKtK7EEgcn64sVWMUjw9hs3/qNcmnT0YMCxGm1 >yh4COwYqcFfQVKZsLrBGo7pryDRNTkbn19sT2naBLesa60Y1nq3/V6i5ueoXV32p >HOr9QIvSprNyYv7hD2H8nQtyHtW9vLxjXRH6nUASuLUoZIBplLxiWdqNrBGrf8gS >Zcdsd7ljXFkeuiZ2YcwtBE36geDtA1JEXCu/9GImJ99GaU+LeibMDsswTlaH7ANl >RszCerqhYeC1zpSKFKVksM6YZ+R2+DiknNsos4vgKxzuqTGB5uCia39J5O7mwwk3 >8xOByBoOdrEF6EM8h/eP >=KVGk >-----END PGP SIGNATURE----- -- Sent from my Android device with K-9 Mail. Please excuse my brevity.
