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Title: How many people would be interested in this piece of software Post by: Bitcoin Magazine on April 04, 2014, 01:16:07 PM Time Statis wallet.
your private key is deep encrypted, and can only be decrypted at a certain date and time (it checks the atomic clock in Las Vegas) Title: Re: How many people would be interested in this piece of software Post by: Beliathon on April 04, 2014, 01:35:52 PM Time Statis wallet. Sounds like a great incentive to hack the computer(s) that connects to the atomic clock in Las Vegas.your private key is deep encrypted, and can only be decrypted at a certain date and time (it checks the atomic clock in Las Vegas) Title: Re: How many people would be interested in this piece of software Post by: S4VV4S on April 04, 2014, 01:39:41 PM So basically it's a time lock?
Title: Re: How many people would be interested in this piece of software Post by: beatljuice on April 04, 2014, 04:09:56 PM I think it would be useful. You could set up a trust for a kid and give it to him/her and say "You can use it when you're 18" or 21 or whatever.
You could even go further and have a wallet that will only open if there is a specific event such as a death. Maybe 3-5 people have to sign it with a digital signature. Or maybe someday the Bitcoin protocol will keep track of medical records and will just know when we die. Title: Re: How many people would be interested in this piece of software Post by: rebuilder on April 04, 2014, 04:14:24 PM is there a signed datafeed from the atomic clock?
Title: Re: How many people would be interested in this piece of software Post by: romang on April 04, 2014, 04:19:14 PM Time Statis wallet. your private key is deep encrypted, and can only be decrypted at a certain date and time (it checks the atomic clock in Las Vegas) Kinda stupid what if u need them in a hurry. Title: Re: How many people would be interested in this piece of software Post by: jonald_fyookball on April 04, 2014, 04:21:48 PM I thought I read something about mastercoin planning to offer similar feature.
Title: Re: How many people would be interested in this piece of software Post by: pandher on April 04, 2014, 04:30:48 PM Very un-useful idea for obvious reasons
Title: Re: How many people would be interested in this piece of software Post by: zimmah on April 04, 2014, 05:33:17 PM Very un-useful idea for obvious reasons I disagree, it could be used as some kind of cold storage or whatever. I probably won't use it but i think it's viable. Title: Re: How many people would be interested in this piece of software Post by: binaryFate on April 04, 2014, 05:37:49 PM I like the concept!
But the source code could always be tweaked to release it when really needed... And if it's closed-source, forget. Title: Re: How many people would be interested in this piece of software Post by: hashman on April 04, 2014, 05:53:50 PM you don't need new software. use nlocktime in your UTXO, it's already in the code.
and i'm not interested :) Title: Re: How many people would be interested in this piece of software Post by: Aswan on April 04, 2014, 06:05:08 PM you don't need new software. use nlocktime in your UTXO, it's already in the code. and i'm not interested :) This, bitcoin already has this feature available. |