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Bitcoin => Bitcoin Discussion => Topic started by: unchi on July 29, 2015, 04:27:28 PM



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Post by: unchi on July 29, 2015, 04:27:28 PM
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Title: Re: Using brainwallets for proof of existence
Post by: amaclin on July 29, 2015, 04:50:13 PM
http://www.originstamp.org/


Title: Re: Using brainwallets for proof of existence
Post by: hexafraction on July 29, 2015, 07:39:08 PM
There are a few issues in your logic:

1. OP_RETURN is limited, but a private key for a brainwallet is limited as well. Both involve hashing the data anyway.
2. OP_RETURN doesn't cause outputs to enter the UTXO, since they're not spendable by definition.
3. OP_RETURN could be made simpler to use by adding functionality to a wallet program, or by providing the user with a raw txn to sign using their own client.


Title: Re: Using brainwallets for proof of existence
Post by: Za1n on July 29, 2015, 11:33:57 PM
http://www.originstamp.org/

Thanks for posting that link. I have wondered if something like this was possible before, I didn't know someone had already implemented it.