Re: [Bitcoin-development] Implementing trading across chains

2013-02-11 Thread Jorge Timón
Hi, you may be interested in a couple of related projects. Colored coins uses satoshis to represent smart property, shares, IOUs of another currency...Colored coins can be atomically traded for bitcoin. If you implement the trade across chains contract they would also be tradeable for another

Re: [Bitcoin-development] Blockchain as root CA for payment protocol

2013-02-11 Thread Peter Todd
On Sat, Feb 09, 2013 at 03:33:25PM +0100, Timo Hanke wrote: Why don't you use namecoin or another alt-chain for this? Because namcoin tries to solve a different problem, DNS, whereas I want to establish an identity for a payment protocol. Your incoming payments will land on addresses that

Re: [Bitcoin-development] Blockchain as root CA for payment protocol

2013-02-11 Thread Timo Hanke
On Sat, Feb 09, 2013 at 07:01:48PM +, Luke-Jr wrote: On Saturday, February 09, 2013 2:33:25 PM Timo Hanke wrote: namcoin tries to solve a different problem, DNS, whereas I want to establish an identity for a payment protocol. What is the technical difference here? Namecoin ties names

Re: [Bitcoin-development] Blockchain as root CA for payment protocol

2013-02-11 Thread Gregory Maxwell
On Mon, Feb 11, 2013 at 11:12 AM, Timo Hanke timo.ha...@web.de wrote: It's not about technical differences, but about the different use or purpose, which can result in different security demands. I argue that DNS has a lower demand in this respect than payment ids have. So DNS data can be in a

Re: [Bitcoin-development] Blockchain as root CA for payment protocol

2013-02-11 Thread Rick Wesson
I prefer to leverage the signing of the (.) root in the DNS tree. The amount of effort in signing the root holds more weight than building a CA off the bitcoin blockchain. If you want to associate identifiers for payment addresses I suggest putting those in DNSSEC signed records in the DNS. For