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authorPieter Wuille <pieter.wuille@gmail.com>2013-06-19 15:54:04 +0200
committerbitcoindev <bitcoindev@gnusha.org>2013-06-19 13:54:12 +0000
commitea56ae63e4c18e8dd0a928b36143c9d7c40ebffb (patch)
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parenta62b8925a5a4195af90820d6d9518e67c3d7ea6b (diff)
downloadpi-bitcoindev-ea56ae63e4c18e8dd0a928b36143c9d7c40ebffb.tar.gz
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Re: [Bitcoin-development] Optional "wallet-linkable" address format - Payment Protocol
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+Date: Wed, 19 Jun 2013 15:54:04 +0200
+From: Pieter Wuille <pieter.wuille@gmail.com>
+To: Alan Reiner <etotheipi@gmail.com>
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+Cc: Bitcoin Dev <bitcoin-development@lists.sourceforge.net>
+Subject: Re: [Bitcoin-development] Optional "wallet-linkable" address format
+ - Payment Protocol
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+
+On Mon, Jun 17, 2013 at 11:48:22PM -0400, Alan Reiner wrote:
+> _*Goal*_: An alternative address format made possible by BIP 32, which
+> allows one to specify a "Wallet ID" and "One-time payment" code, instead
+> of the standard one-use Base58-Hash160 addresses. This allows parties
+> with a persistent relationship to be able to prove that payment
+> addresses they provide each other are linked to a particular wallet,
+> reducing exposure to MitM attacks without the need for SSL or a web of
+> trust, and without compromising the privacy of either party. For
+> instance, this could be used between businesses that frequently do
+> business, by exchanging and verifying public keys beforehand, or could
+> be used by an exchange to identify if a customer withdrawal address is
+> related to their last deposit address, and if not enforce extra
+> authentication measures.
+
+Have you seen Timo Hanke's pay-to-contract presentation at the San Jose
+conference? It seems very related:
+
+ http://www.youtube.com/watch?v=qwyALGlG33Q
+
+--
+Pieter
+
+
+