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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: ulhaq on March 01, 2017, 04:18:59 AM



Title: Proof of Person?
Post by: ulhaq on March 01, 2017, 04:18:59 AM
Proof of stake and proof of work are based on decentralization, a hallmark of cryptocurrency, but both of these have the undesirable consequence of leading to possible centralization. With proof of work we see the development of large mining pools, eventually a possibility that a cooperation will result in 51%. Proof of stake seems to have an advantage of being greener, but it results in the rich getting richer and eventually, even if in hundreds of years, one party would attain 51%. Even in advance of that date, the currency could become unstable in anticipation of it. In current currency today, we see that 1% of Americans own >40% of the wealth. A consensus mechanism is necessary, but what cryptocurrency seems to want, with PoS and PoW being proxies, is 51% voting rights with proof of person. This would seem to solve several difficulties with cryptocurrency and create a very strong base. This does not have to be connected in any way to distribution, although it could. Proof of person/identity has been discussed at length in other threads:

https://www.reddit.com/r/CryptoUBI/comments/2v2gi6/proof_of_identityproof_of_person_the_elephant_in/
https://www.maidsafe.org/t/proof-of-unique-human/167

If this could be done (which is technically difficult), wouldn't it solve problems of centralization while maintaining anonymity and other features, as well as being superior to PoS and PoW? What would be drawbacks of such a system?


Title: Re: Proof of Person?
Post by: irukandji on March 01, 2017, 04:30:39 AM
I'm not sure if i really understand this, but here is another interesting use of a blockchain involving one account per person.

https://voteflux.org/



Title: Re: Proof of Person?
Post by: lerryne on March 01, 2017, 07:09:31 AM
Interesting idea, but i don't think it will work.


Title: Re: Proof of Person?
Post by: buwaytress on March 01, 2017, 08:46:26 AM
Interesting concept, especially given that in real world social science, the individual is much more difficult to predict once singled out of the group. It could be technically more complex to implement but that to me seems more of a one-time hurdle. At the moment, simple steps like unique email/phone verification can be bypassed easily.

What about borrowing once more from the real world? Biometrics. I would rather give out my unique fingerprint for verification than a passport or ID card, for example.


Title: Re: Proof of Person?
Post by: mummybtc on March 01, 2017, 09:01:23 AM
Proof of person? um Interesting


Title: Re: Proof of Person?
Post by: iamnotback on March 01, 2017, 09:16:30 AM
One of the big problems is that bots will trick users into doing the identification on behalf of the attacker bot:

https://safenetforum.org/t/proof-of-unique-human/167/231

I already wrote about the possibility of proving objectively that a video is a unique human and the EER rates (false positives vs. negatives) are too high to do it automated:

HumanIQ has a technically flawed design?

Please check my analysis. Did I misunderstand something in their design or in my quick research below?

Re: ☑ [ANN] ☰  [ ICO 06|04|2017 ] ☰ Humaniq — Discover the unbanked

Regarding the upthread post wherein I alleged that Ethereum can't scale (and tangentially I also alleged smart contracts on a Turing-complete blockchain are another DAO attack waiting to happen (https://www.youtube.com/watch?v=_O5fdMFKEC0)), I was asked to provide some more details (https://medium.com/@shelby_78386/for-one-thing-byzantine-agreement-systems-cant-get-unstuck-without-a-hard-fork-if-there-are-c6530d7fd72b).

(Additionally I have recently explained that the 10s (coming to 100s?) of ICOs being launched every year now because of this Ethereum smart contract nonsense which enables rapid prototyping of 1000s of hair-brained ideas that will probably never achieve any serious adoption, because again Ethereum can't scale and another smart contract attack means all smart contracts become untrustable, means we likely have a coming ICO graveyard where our ecosystem has died (https://bitcointalk.org/index.php?topic=1804521.msg17990874#msg17990874). Thanks to greedy developers who want to cash out after making a fancy presentation and thus don't develop first and launch without an ICO and really don't have much incentive to develop anything at all after they raise $millions to party with, especially young guys who have a lot of energy for conferences, dinners, parties, fancy hotels, etc.. What happened to my generation of startups where we developed them from our bedroom while living at our parents' hose (https://www.google.com/search?q=Neocept+WordUp).

The low marginal cost of preparing the snazzy website, whitepaper and perhaps even a barely functional smart contract demo is minimal, perhaps < $5000 or even less. Yet these ICOs can easily raise 100s or 1000s of BTC. So the supply of ICOs rises to meet the demand from gullible speculators who all "want to buy earlier than each other" so they all end up buying ICOs, thus none of them buy earlier than each other and the ICO developers walk away with the Bitcoins and the speculators will be left penniless in the coming ICO oversupply graveyard because all the demand will have been transferred to ICO developers who don't buy in the aftermarket.)



NEW PROBLEM!

There is also an inconsistency in the HumanIQ design as expressed on pages 6 (https://humaniq.co/assets/downloads/humaniq_wp_english.pdf#page=6) and 19-22 (https://humaniq.co/assets/downloads/humaniq_wp_english.pdf#page=19) in the white paper and the wallet features section (https://humaniq.co/#wallet) of the website.

Firstly, you claim that users will only need to use their face and voice and do not need to deal with passwords. But then you tie the user to one device and also to signing keys stored on their mobile device. So if that mobile device is lost, stolen, or accessed even momentarily by a hacker (even if they just extract the keys and device ID perhaps even remotely and don't perform the attack over the user's mobile device), then the attacker only needs to fool the face and video identification system in order to steal the user's funds. They could for example exchange them for Bitcoin and be gone.

Face and video identification systems are theoretically reasonably easy to fool with synthetic methods, and I expect that to be true even against automated challenge-response:

https://engineering.cmu.edu/media/feature/2016/12_01_facial_recognition_eyeglasses.html
http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.461.7360&rep=rep1&type=pdf#page=6 (see Figure 9)

Secondly, if user loses his device he has lost his keys. So the only way those keys could be recovered (again meeting your requirement that users don't have to ever mess with keys or store them in a paper wallet) is if some centralized service is storing the keys and can perform a recovery process that identifies the user. But again the attacker can game this recovery process, perhaps unless it is administered by a real human interrogator. And the centralized service becomes a huge attack surface for a hacker to steal all the users' keys (Bitcoin exchange failures show it is a serious risk). And of course as you admit on page 20 (https://humaniq.co/assets/downloads/humaniq_wp_english.pdf#page=20) of your whitepaper, then it means the biometric identification is not decentralized on the blockchain, but a centralized service. Centralized blockchain concepts will never scale out. The world won't trust a system that depends on one centralized service. Sorry.

HumanIQ is ostensibly obviously lacking the skills of a qualified, experienced CTO on its team. Afaics, the HumanIQ design is irreparably/insolubly flawed and has apparently not been properly vetted by an appropriately skilled technical person.

Note it is possible to utilize face and voice biometrics stored on a blockchain to prove that the users are all unique within the false positive tolerance of multimodal biometric identification, e.g. perhaps to within a few percent false positive rate for synthetic attacks (http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.461.7360&rep=rep1&type=pdf#page=6) (at current state-of-the-art) and even better if supplemented with real human interrogation (which would be retroactively objectively verifiable from the blockchain data in the future as the state-of-the-art advances). But for automated logins and identification of users ongoing usage of the system, the false positive rate is currently too high because it would be the theft rate. I suppose you were looking at service providers such as the following and just assumed the EER rates were acceptable without reading the research:

https://www.onefacein.com/faq.html
http://www.voicetrust.com/solutions/voice-login/
https://playground.bioid.com/BioIDWebService/LiveDetection
https://www.keylemon.com/oasis
https://www.quora.com/What-are-the-best-face-detection-APIs/answer/Ben-Virdee-Chapman

So I also do not understand why the white paper implies we can't store a (hash of a) video on a blockchain. Surely we can.

Please do point out any misunderstanding or mistake I have made in my analysis.



Note that although via deep learning of deep neural nets the state-of-the-art research on face recognition accuracy has reached as high as 99% (https://www.quora.com/What-is-the-current-state-of-the-art-in-facial-recognition) (and do look at how close to indistinguishable the errors were even to a human observer such as yourself (https://arxiv.org/pdf/1503.03832.pdf#page=8)) and state-of-the-art research on voice identification has reached as high as ~1% EER (https://arxiv.org/pdf/1605.01635.pdf#page=3) (i.e. roughly 1% false positive with a 1% false negative if compared to a 2.33% EER on page 5 (https://www.researchgate.net/publication/289605091_ALIZE_30_-_Open_source_toolkit_for_state-of-the-art_speaker_recognition)), these performance figures do not include data sets where the attacker is trying to game the system. So refer to the links I provided above on synthetic attacks to get a better idea of the risk of theft with multimodal biometric face and voice identification. The state-of-the-art is advancing rapidly because a 2014 paper only cited a 7% EER (http://publications.idiap.ch/downloads/papers/2014/Khoury_ICASSP_2014.pdf#page=4), but the datasets and training criteria are not probably not comparable.

1% or even 0.1% rates of theft would still be unacceptable.


Title: Re: Proof of Person?
Post by: BitcoinNational on March 01, 2017, 01:14:16 PM
PoP is this Platform.


Title: Re: Proof of Person?
Post by: ulhaq on March 01, 2017, 09:31:54 PM
My question was not whether it is technically feasible. If proof of person (but not identity - in other words, maintaining anonymity) was achievable, then would it be superior to PoW and PoS in that a 51% majority (to make any changes to the currency) based on individuals is superior to basing it on mining power or holdings? Not only does it permanently obviate centrality, but quality of decisions related to the currency should be higher over the long-term compared to other methods. Would it solve other problems in cryptocurrency? Would there be any major drawbacks?

There is also proof of importance (PoI), but this has drawbacks of gaming the system by individuals making transactions with themselves, or will benefit banks/exchanges who at baseline have high volume of exchange. If weighting based on individual's importance in the economy or interacting with other users, it also incentivizes behavior that is not necessarily economically ideal, nor from a currency standpoint, which should be neutral.


Title: Re: Proof of Person?
Post by: iamnotback on March 01, 2017, 09:34:33 PM
Not only does it permanently obviate centrality

Incorrect. People can lease themselves to a whale.


Title: Re: Proof of Person?
Post by: BitcoinNational on March 02, 2017, 11:17:00 PM
wow! big idea here.
I would suggest TALK ... https://bitcointalk.org ... is a source root.


Title: Re: Proof of Person?
Post by: wajik-tempe on March 03, 2017, 01:23:56 AM
are you serious Proof of Person  ??? ???


Title: Re: Proof of Person?
Post by: BitcoinNational on March 03, 2017, 10:42:56 AM
digital money is eventually headed in that direction,
especially if you want democratic platforms.


Title: Re: Proof of Person?
Post by: Ayers on March 03, 2017, 10:59:22 AM
not a good idea and i don't like it as it destroy the anonimity of crypto, if you need to reveal your identity to carry the money on your private key(if i understood this correctly) it would fade away the pseudo anonimity fo bitcoin, or the 100% anonimity of monero, zcash, if applyed there, a really bad idea


Title: Re: Proof of Person?
Post by: BitcoinNational on March 03, 2017, 01:20:37 PM
2 words
credit worthiness

ANON will be part of the system, but lending requires know facts, yet remaining anon and borrowing maybe possible given public worthiness facts.

Silkroad feature  credit worthiness/ratings and it was anon in principle.


Title: Re: Proof of Person?
Post by: ulhaq on March 04, 2017, 10:54:33 PM
not a good idea and i don't like it as it destroy the anonimity of crypto, if you need to reveal your identity to carry the money on your private key(if i understood this correctly) it would fade away the pseudo anonimity fo bitcoin, or the 100% anonimity of monero, zcash, if applyed there, a really bad idea

You are not understanding this correctly, I am talking about 100% anonymity, with proof of identity, meaning that there would be a way to verify that each person is a human and distinct from all other humans (and from computers). This does not mean that each person has to be limited to one address.


Title: Re: Proof of Person?
Post by: ulhaq on March 04, 2017, 11:00:05 PM
Not only does it permanently obviate centrality

Incorrect. People can lease themselves to a whale.

This is a great point. But I imagine that since decisions would still be made by 51%, to obtain this volume of persons to lease themselves would be impossible if there were even a small uptake of such a currency. And if it would be possible, persons would know that they are being paid and would assess the value vs. the cost, so the outcome should still be superior to alternatives.


Title: Re: Proof of Person?
Post by: ulhaq on March 04, 2017, 11:05:14 PM
wow! big idea here.
I would suggest TALK ... https://bitcointalk.org ... is a source root.

I am not sure what you are suggesting, the link is to the same forum where the thread was posted?


Title: Re: Proof of Person?
Post by: ulhaq on March 04, 2017, 11:38:14 PM
One of the big problems is that bots will trick users into doing the identification on behalf of the attacker bot:

https://safenetforum.org/t/proof-of-unique-human/167/231

I already wrote about the possibility of proving objectively that a video is a unique human and the EER rates (false positives vs. negatives) are too high to do it automated:

HumanIQ has a technically flawed design?

Please check my analysis. Did I misunderstand something in their design or in my quick research below?

Re: ☑ [ANN] ☰  [ ICO 06|04|2017 ] ☰ Humaniq — Discover the unbanked

Regarding the upthread post wherein I alleged that Ethereum can't scale (and tangentially I also alleged smart contracts on a Turing-complete blockchain are another DAO attack waiting to happen (https://www.youtube.com/watch?v=_O5fdMFKEC0)), I was asked to provide some more details (https://medium.com/@shelby_78386/for-one-thing-byzantine-agreement-systems-cant-get-unstuck-without-a-hard-fork-if-there-are-c6530d7fd72b).

(Additionally I have recently explained that the 10s (coming to 100s?) of ICOs being launched every year now because of this Ethereum smart contract nonsense which enables rapid prototyping of 1000s of hair-brained ideas that will probably never achieve any serious adoption, because again Ethereum can't scale and another smart contract attack means all smart contracts become untrustable, means we likely have a coming ICO graveyard where our ecosystem has died (https://bitcointalk.org/index.php?topic=1804521.msg17990874#msg17990874). Thanks to greedy developers who want to cash out after making a fancy presentation and thus don't develop first and launch without an ICO and really don't have much incentive to develop anything at all after they raise $millions to party with, especially young guys who have a lot of energy for conferences, dinners, parties, fancy hotels, etc.. What happened to my generation of startups where we developed them from our bedroom while living at our parents' hose (https://www.google.com/search?q=Neocept+WordUp).

The low marginal cost of preparing the snazzy website, whitepaper and perhaps even a barely functional smart contract demo is minimal, perhaps < $5000 or even less. Yet these ICOs can easily raise 100s or 1000s of BTC. So the supply of ICOs rises to meet the demand from gullible speculators who all "want to buy earlier than each other" so they all end up buying ICOs, thus none of them buy earlier than each other and the ICO developers walk away with the Bitcoins and the speculators will be left penniless in the coming ICO oversupply graveyard because all the demand will have been transferred to ICO developers who don't buy in the aftermarket.)



NEW PROBLEM!

There is also an inconsistency in the HumanIQ design as expressed on pages 6 (https://humaniq.co/assets/downloads/humaniq_wp_english.pdf#page=6) and 19-22 (https://humaniq.co/assets/downloads/humaniq_wp_english.pdf#page=19) in the white paper and the wallet features section (https://humaniq.co/#wallet) of the website.

Firstly, you claim that users will only need to use their face and voice and do not need to deal with passwords. But then you tie the user to one device and also to signing keys stored on their mobile device. So if that mobile device is lost, stolen, or accessed even momentarily by a hacker (even if they just extract the keys and device ID perhaps even remotely and don't perform the attack over the user's mobile device), then the attacker only needs to fool the face and video identification system in order to steal the user's funds. They could for example exchange them for Bitcoin and be gone.

Face and video identification systems are theoretically reasonably easy to fool with synthetic methods, and I expect that to be true even against automated challenge-response:

https://engineering.cmu.edu/media/feature/2016/12_01_facial_recognition_eyeglasses.html
http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.461.7360&rep=rep1&type=pdf#page=6 (see Figure 9)

Secondly, if user loses his device he has lost his keys. So the only way those keys could be recovered (again meeting your requirement that users don't have to ever mess with keys or store them in a paper wallet) is if some centralized service is storing the keys and can perform a recovery process that identifies the user. But again the attacker can game this recovery process, perhaps unless it is administered by a real human interrogator. And the centralized service becomes a huge attack surface for a hacker to steal all the users' keys (Bitcoin exchange failures show it is a serious risk). And of course as you admit on page 20 (https://humaniq.co/assets/downloads/humaniq_wp_english.pdf#page=20) of your whitepaper, then it means the biometric identification is not decentralized on the blockchain, but a centralized service. Centralized blockchain concepts will never scale out. The world won't trust a system that depends on one centralized service. Sorry.

HumanIQ is ostensibly obviously lacking the skills of a qualified, experienced CTO on its team. Afaics, the HumanIQ design is irreparably/insolubly flawed and has apparently not been properly vetted by an appropriately skilled technical person.

Note it is possible to utilize face and voice biometrics stored on a blockchain to prove that the users are all unique within the false positive tolerance of multimodal biometric identification, e.g. perhaps to within a few percent false positive rate for synthetic attacks (http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.461.7360&rep=rep1&type=pdf#page=6) (at current state-of-the-art) and even better if supplemented with real human interrogation (which would be retroactively objectively verifiable from the blockchain data in the future as the state-of-the-art advances). But for automated logins and identification of users ongoing usage of the system, the false positive rate is currently too high because it would be the theft rate. I suppose you were looking at service providers such as the following and just assumed the EER rates were acceptable without reading the research:

https://www.onefacein.com/faq.html
http://www.voicetrust.com/solutions/voice-login/
https://playground.bioid.com/BioIDWebService/LiveDetection
https://www.keylemon.com/oasis
https://www.quora.com/What-are-the-best-face-detection-APIs/answer/Ben-Virdee-Chapman

So I also do not understand why the white paper implies we can't store a (hash of a) video on a blockchain. Surely we can.

Please do point out any misunderstanding or mistake I have made in my analysis.



Note that although via deep learning of deep neural nets the state-of-the-art research on face recognition accuracy has reached as high as 99% (https://www.quora.com/What-is-the-current-state-of-the-art-in-facial-recognition) (and do look at how close to indistinguishable the errors were even to a human observer such as yourself (https://arxiv.org/pdf/1503.03832.pdf#page=8)) and state-of-the-art research on voice identification has reached as high as ~1% EER (https://arxiv.org/pdf/1605.01635.pdf#page=3) (i.e. roughly 1% false positive with a 1% false negative if compared to a 2.33% EER on page 5 (https://www.researchgate.net/publication/289605091_ALIZE_30_-_Open_source_toolkit_for_state-of-the-art_speaker_recognition)), these performance figures do not include data sets where the attacker is trying to game the system. So refer to the links I provided above on synthetic attacks to get a better idea of the risk of theft with multimodal biometric face and voice identification. The state-of-the-art is advancing rapidly because a 2014 paper only cited a 7% EER (http://publications.idiap.ch/downloads/papers/2014/Khoury_ICASSP_2014.pdf#page=4), but the datasets and training criteria are not probably not comparable.

1% or even 0.1% rates of theft would still be unacceptable.

Regarding attacker bots tricking individuals, this is hardly a refutation of such a system, similar to saying that e-mail is not viable due to phishing attacks, or even that bitcoin is not viable due to software that mimics the bitcoin software. One could say that even ethereum, litecoin, and monero have these problems, because when one goes to any of those websites, it could be a malicious copycat website.

Regarding the HumanIQ project, those are specific criticisms of that system. A proof of person does not have to be always tied to a device, or the hacker getting access to funds by impersonating the individual. Eg, imagine that after the one-time proof of identity occurs, a set of private keys are created. If someone impersonated that individual in the future (eg, with your malicious capcha example, which is also less likely if the proof of identity is a one-time affair), they would not gain access to the private keys. You mention the false positive rate with using voice ID. But if voice ID was combined with another method, the 1% or 0.1% rates of theft fall astronomically.


Title: Re: Proof of Person?
Post by: Ryan Dugan on March 05, 2017, 01:18:24 AM
not a good idea and i don't like it as it destroy the anonimity of crypto, if you need to reveal your identity to carry the money on your private key(if i understood this correctly) it would fade away the pseudo anonimity fo bitcoin, or the 100% anonimity of monero, zcash, if applyed there, a really bad idea

You are not understanding this correctly, I am talking about 100% anonymity, with proof of identity, meaning that there would be a way to verify that each person is a human and distinct from all other humans (and from computers). This does not mean that each person has to be limited to one address.

Sounds interesting. How will you verify who is a person and who is not and then where do you move from there ?
I'm all for anything that is not pos or pow because new things are interesting and innovative.


Title: Re: Proof of Person?
Post by: iamnotback on March 05, 2017, 08:31:35 PM
not a good idea and i don't like it as it destroy the anonimity of crypto, if you need to reveal your identity to carry the money on your private key(if i understood this correctly) it would fade away the pseudo anonimity fo bitcoin, or the 100% anonimity of monero, zcash, if applyed there, a really bad idea

You are not understanding this correctly, I am talking about 100% anonymity, with proof of identity, meaning that there would be a way to verify that each person is a human and distinct from all other humans (and from computers). This does not mean that each person has to be limited to one address.

It is correct that PoP isn't necessarily incompatible with anonymity. We can in theory cryptographically prove that each transaction has only unique PoP signatories in its blockchain history without unmasking the traceable details of the history.


Title: Re: Proof of Person?
Post by: iamnotback on March 05, 2017, 08:37:50 PM
Not only does it permanently obviate centrality

Incorrect. People can lease themselves to a whale.

This is a great point. But I imagine that since decisions would still be made by 51%, to obtain this volume of persons to lease themselves would be impossible if there were even a small uptake of such a currency.

In reality people are very apathetic about voting, especially if you are going to force them to do PoP again or expect them to still have access to their private keys. People lose access, so they will need to prove PoP again, which they would need a strong incentive to do (such as getting paid to vote in an election). So the ones who are serious about dominating elections need control over only a small percentage of the potential voters.

Also leasing voters for an election doesn't mean those voters need to be leased for every election. Voters who don't really understand or care about the details of what is being voted on for a particular election are ripe for being bought off for that specific election.


Title: Re: Proof of Person?
Post by: iamnotback on March 05, 2017, 08:54:21 PM
Regarding attacker bots tricking individuals, this is hardly a refutation of such a system, similar to saying that e-mail is not viable due to phishing attacks, or even that bitcoin is not viable due to software that mimics the bitcoin software. One could say that even ethereum, litecoin, and monero have these problems, because when one goes to any of those websites, it could be a malicious copycat website.

You are erroneously equating situations which are not at all analogous. An apt analogy is the veracity of a CAPTCHA insuring a bot is not accessing the web resource. And it is a fact that bots trick (or pay) humans to fool millions of CAPTCHAs.

Phishing of email or other resource the user wants is not going to work in most cases because the user will realize at some point that the resource he/she wants was not correctly obtained. Whereas, having a user to complete a CAPTCHA which is for another website before giving the user what he/she wants, is not going to dissuade most users.

 
Regarding the HumanIQ project, those are specific criticisms of that system.

Yes I did make some specific criticisms of the HumanIQ design which are orthogonal to our discussion.

A proof of person does not have to be always tied to a device, or the hacker getting access to funds by impersonating the individual. Eg, imagine that after the one-time proof of identity occurs, a set of private keys are created. If someone impersonated that individual in the future (eg, with your malicious capcha example, which is also less likely if the proof of identity is a one-time affair), they would not gain access to the private keys.

Then if they've lost their private keys, they can't get access again employing their PoP.

And the masses will lose their private keys. Sheesh are you not aware that most people create a new Facebook account when they can't remember their password. This happens quite often, which is they they end using a password that is easy to crack using a dictionary attack such as "1234mydogSpot".

You mention the false positive rate with using voice ID. But if voice ID was combined with another method, the 1% or 0.1% rates of theft fall astronomically.

All of the biometrics can be fooled with unacceptably high EER with synthetic attacks, even if combined. Did you not see the example I cited where tailor made eye glasses could fool face recognition. That is if we are using as a proof to reset private keys, which is what HumanIQ proposed.

Automated PoP has too high of an EER. The only way to do PoP is with a human interrogator which is trusted. But then you throw decentralization out the window and introduce human subjectivity and error.


Title: Re: Proof of Person?
Post by: ulhaq on March 08, 2017, 12:49:17 AM

Then if they've lost their private keys, they can't get access again employing their PoP.

And the masses will lose their private keys. Sheesh are you not aware that most people create a new Facebook account when they can't remember their password. This happens quite often, which is they they end using a password that is easy to crack using a dictionary attack such as "1234mydogSpot".


Of course, but this is no different with bitcoin and altcoins. Initially people will lose private keys and any money associated with them, but in the long run, people will learn from their mistakes. Third party solutions will come up, including storage of private keys. It will be a weighing of risk and benefit. People already use services like mint which store all their bank passwords.

In the long run, I believe such an approach is superior to adulterating a product in order to allow it to be easily used by the masses.


Title: Re: Proof of Person?
Post by: iamnotback on March 08, 2017, 03:00:46 AM

Then if they've lost their private keys, they can't get access again employing their PoP.

And the masses will lose their private keys. Sheesh are you not aware that most people create a new Facebook account when they can't remember their password. This happens quite often, which is they they end using a password that is easy to crack using a dictionary attack such as "1234mydogSpot".


Of course, but this is no different with bitcoin and altcoins.

But HumanIQ claimed some amazing breakthrough where billions of masses wouldn't have to deal with private keys and could sign transactions with only their face. Which is BS.


Title: Re: Proof of Person?
Post by: Bipedaljoe on October 15, 2023, 12:59:58 AM
If proof of person (but not identity - in other words, maintaining anonymity) was achievable, then would it be superior to PoW and PoS in that a 51% majority (to make any changes to the currency) based on individuals is superior to basing it on mining power or holdings?

This was solved between 2015 and 2018 by myself. My system is the logical way to do proof of unique human. Based on the prior work by Bryan Ford from MIT and his Pseudonym Parties, but does them over video (thus solving the fake region problem his offline/physical meetups system had). It is fully anonymous, stores absolutely no personal data, knows absolutely nothing about anyone. It is not resistant to 51% attacks though, it actually breaks at 33% collusion attacks. But, for 8 billion users, that'd be 2.7 billion people colluding to destroy the system. The system was fully implemented by 2020/2021 sometime, the whitepaper contains the full source code and definitions, and has been downloaded by thousands of people and viewed by tens of thousands. The system is very transactions per second heavy though, they need a platform that is at least around 50k transactions per second.

The whitepaper for the system is published on https://bitpeople.org.