Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: dE_logics on January 07, 2014, 06:46:33 AM



Title: Some new nice coins please (new ideas)...
Post by: dE_logics on January 07, 2014, 06:46:33 AM
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Title: Re: Some new nice coins please (new ideas)...
Post by: kalus on January 07, 2014, 06:52:53 AM
is that like namecoin? i dunno it has dns in there.

http://namecoin.info/

i think at this point if there's an original idea, there's a coin for it.  and it's only tuesday!


Title: Re: Some new nice coins please (new ideas)...
Post by: dE_logics on January 07, 2014, 06:57:32 AM
is that like namecoin? i dunno it has dns in there.

http://namecoin.info/

i think at this point if there's an original idea, there's a coin for it.  and it's only tuesday!


Names to crypto addresses, not names to IP.


Title: Re: Some new nice coins please (new ideas)...
Post by: RenegadeMind on January 07, 2014, 08:21:53 AM
So that you can send coins to "test.my" instead of "QYXvZn5aoQMup869tNV2S5CpTxj9kLawiu"?

I don't think that would be possible. Someone more versed in PKI could answer better than me though.


Title: Re: Some new nice coins please (new ideas)...
Post by: markm on January 07, 2014, 10:34:03 AM
Namecoin is not just name to IP address.

Open Transactions uses it for example as one of various possible methods you can choose to use to set up an identity.

You can use it to point people to your various accounts and aliases and nyms in various systems.

You can use it as an identity for logins.

It is a general key+data pair distributed database.

-MarkM-



Title: Re: Some new nice coins please (new ideas)...
Post by: dE_logics on January 07, 2014, 06:05:21 PM
So that you can send coins to "test.my" instead of "QYXvZn5aoQMup869tNV2S5CpTxj9kLawiu"?

I don't think that would be possible. Someone more versed in PKI could answer better than me though.

That's like saying DNS is not possible.

Why not say... if I type bitcointalk.org it resolves to x.x.x.x or xxxx:xxxx::xxxx... it's not possible.

I said resolution. test.my is not an address, it's a DNS, it's a name, it has to be resolved using the entries in the block chain.


Title: Re: Some new nice coins please (new ideas)...
Post by: dE_logics on January 07, 2014, 06:05:50 PM
Namecoin is not just name to IP address.

Open Transactions uses it for example as one of various possible methods you can choose to use to set up an identity.

You can use it to point people to your various accounts and aliases and nyms in various systems.

You can use it as an identity for logins.

It is a general key+data pair distributed database.

-MarkM-



But this has to be built in into a crypto you know. The crypto should be independent, not relying on other cryptos.


Title: Re: Some new nice coins please (new ideas)...
Post by: rnicoll on January 07, 2014, 06:30:17 PM
Doesn't need a new coin. We could just add a new DNS record type to hold cryptocurrency address.

Can I point out, however, that in doing so you're creating a fixed address to send money to yourself, thereby mangling a critical part of the anonymisation of BTC and similar?

Can I suggest it may be more practical to take the URL of the address on the Bitcoin Block Explorer (by searching https://blockchain.info/ ), then stuffing that through bit.ly or similar to give people something short to use?


Title: Re: Some new nice coins please (new ideas)...
Post by: dE_logics on January 08, 2014, 08:07:37 AM
Doesn't need a new coin. We could just add a new DNS record type to hold cryptocurrency address.

Can I point out, however, that in doing so you're creating a fixed address to send money to yourself, thereby mangling a critical part of the anonymisation of BTC and similar?

Can I suggest it may be more practical to take the URL of the address on the Bitcoin Block Explorer (by searching https://blockchain.info/ ), then stuffing that through bit.ly or similar to give people something short to use?


Yeah, this can be always implemented as external services (which includes the bit.ly idea) which the Bitcoin wallets can utilize. But that wont be decentralized exactly.

About anonymity -- how will a DNS entry in the block chain revile information about it's owner?

I see this design --

The wallet will have an option to request a new DNS address which's to be associated to a receiving/sending address. The request process will broadcast the public key of the requester along with the DNS name, which'll also be signed to prove that the name belongs to this particular address.

The miners will accept the request and make such an entry in the block. This may include a high fee also to avoid mindless name registering, since verifying the new names may be a little computational intensive for all nodes in the network.

Before designing this, consider paper wallets also.

See, this idea works best at retail. So I tell the person on the cash counter that I'll be sending from address 'myname' to 'hisaddress'. No card swapping, no dictation of long case-sensitive addresses.