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authorJeremy Spilman <jeremy@taplink.co>2014-01-24 13:58:28 -0800
committerbitcoindev <bitcoindev@gnusha.org>2014-01-24 21:58:38 +0000
commit1109ca6b59466d0f1521af2199d4a7b2b05f676f (patch)
treee00b16a83ed1d9a470d6fc23831b3c585d1da63a
parentc59f961b91c26924438ad8aed06d8b8264237843 (diff)
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Re: [Bitcoin-development] Bait for reusable addresses
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+Subject: Re: [Bitcoin-development] Bait for reusable addresses
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+
+>=20
+>=20
+>=20
+> I think we need to provide users with better options than that.
+>=20
+
+Perfect privacy without extraordinary computational overhead today means dow=
+nloading everything. But we could provide better tools to *shift* bandwidth r=
+equirements rather than try to reduce them.=20
+
+I've been thinking about a setup where user runs a UTXO only, and maybe even=
+ outbound-connect only (like bitcoinj), full node at home. Then using Tor, m=
+ostly for tunneling, they host a hidden service they can connect back to fro=
+m their smartphone to see balances, manage receive addresses, send funds, et=
+c.
+
+The smartphone is not doing SPV, it's like a web client for the wallet runni=
+ng at home. The initial connection between the smartphone and home wallet ha=
+s the phone learn two codes, one is the hidden service name, another is an a=
+ccess token which is revocable. You may require further authentication from t=
+hat point.=20
+
+With fast bootstrapping / checkpointing of the UTXO I think usability could b=
+e as good as SPV, and you would get push-notification of relevant transactio=
+ns with zero privacy trade-off.
+
+I wonder if people would want to run such an app, if they would run it on th=
+eir desktop, a dedicated machine, or an old smartphone or other cheap ARM de=
+vice.=
+
+
+