On Sat, Nov 2, 2013 at 12:47 AM, Tony Arcieri <[email protected]> wrote:
> tl;dr: a Bitcoin-like global append-only log can enable the secure mapping
> of human-meaningful names to cryptographic keys

You are still trusting a third party — a P2P network and the
computational effort it represents, in this case — and in addition
have a non-trivial monetary cost of entry once the system resembles
anything scalable. So you have to both pay money (with all the
implications on anonymity and ease of use, among other things) to have
a meaningful name, and reduce your address security to one of exploit
resistance of some buggy DHT implementation running on nodes you have
no control of.

“Proof of work” is a great academic pastime of theoretical hand-waving
over hard problems, but if anyone thinks that something like Tor bug
#4666 [1] has any future, they are delusional.

[1] https://trac.torproject.org/projects/tor/ticket/4666

-- 
Maxim Kammerer
Liberté Linux: http://dee.su/liberte
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