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authorChris Priest <cp368202@ohiou.edu>2016-08-24 16:03:16 -0700
committerbitcoindev <bitcoindev@gnusha.org>2016-08-24 23:03:19 +0000
commitd84de12d8e0bb895755f78c93698092417eb432a (patch)
tree00475e8ea7493fa8ea11be8e581088379764f62f
parente32538e3149ce0ef28400fe0b59fc3140f22ddce (diff)
downloadpi-bitcoindev-d84de12d8e0bb895755f78c93698092417eb432a.tar.gz
pi-bitcoindev-d84de12d8e0bb895755f78c93698092417eb432a.zip
Re: [bitcoin-dev] Capital Efficient Honeypots w/ "Scorched Earth" Doublespending Protection
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+From: Chris Priest <cp368202@ohiou.edu>
+Date: Wed, 24 Aug 2016 16:03:16 -0700
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+To: Peter Todd <pete@petertodd.org>,
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+Subject: Re: [bitcoin-dev] Capital Efficient Honeypots w/ "Scorched Earth"
+ Doublespending Protection
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+How does your system prevent against insider attacks? How do you know
+the money is stolen by someone who compromised server #4, and not
+stolen by the person who set up server #4? It is my understanding
+these days most attacks are inside jobs.
+
+On 8/24/16, Peter Todd via bitcoin-dev
+<bitcoin-dev@lists.linuxfoundation.org> wrote:
+> On Thu, Aug 25, 2016 at 01:37:34AM +1000, Matthew Roberts wrote:
+>> Really nice idea. So its like a smart contract that incentivizes
+>> publication that a server has been hacked? I also really like how the
+>> funding has been handled -- with all the coins stored in the same address
+>> and then each server associated with a unique signature. That way, you
+>> don't have to split up all the coins among every server and reduce the
+>> incentive for an attacker yet you can still identify which server was
+>> hacked.
+>>
+>> It would be nice if after the attacker broke into the server that they
+>> were
+>> also incentivized to act on the information as soon as possible
+>> (revealing
+>> early on when the server was compromised.) I suppose you could split up
+>> the
+>> coins into different outputs that could optimally be redeemed by the
+>> owner
+>> at different points in the future -- so they're incentivzed to act lest
+>
+> Remember that it's _always_ possible for the owner to redeem the coins at
+> any
+> time, and there's no way to prevent that.
+>
+> The incentive for the intruder to collect the honeypot in a timely manner
+> is
+> simple: once they've broken in, the moment the honeypot owner learns about
+> the
+> compromise they have every reason to attempt to recover the funds, so the
+> intruder needs to act as fast as possible to maximize their chances of
+> being
+> rewarded.
+>
+> --
+> https://petertodd.org 'peter'[:-1]@petertodd.org
+>
+