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Sorry, but NameID does both, you're repeating work. You can log in using NameID to prove you own the Namecoin address linked to your Namecoin ID information. That's how it has worked for a while.
You're right but there's an important difference between NameId and BitID: - NameID relies on OpenID which is a nice system but requires a third-party (the identity provider) to let you authenticate.
- With BitID, no third-party is required. It's just your wallet and the website.
Both systems have their strengths and their weaknesses. It's a matter of choice. No, you're still misunderstanding, nameid.org just uses openid as an example, it doesn't rely on openid at all, it relies on Namecoin ID. The php source code for nameid.org is open, you could use that auth mechanism on your own website as is, without openid, or reimplement it in another language. It sends a message, you sign it with the key used for your namecoin id, the site checks the signature & logs you in. It works almost exactly like BitID, but pre-dates it & allows you to link it to your ID information stored in Namecoin. |
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Screw passwords, why can't we use our keys to log in yet?
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Sounds like you believe a hardware wallet is infallible.
The idea of a global personal ID system is to have it to generate anonymous coin addresses. So that the coins would be safely stored on the different block chains without needing to have private keys to worry about and keep safe oneself or trust a third party to manage. The main drawback is that it could be used by governments for Orwellian control.
And how is an ID system supposed to work without private keys? I was saying that blockchain technology allows us to create a new decentralised type of ID verification. Like with Namecoin, you could store your ID information there, if I knew you then I could also store my verification of your information. |
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Totally agree that current generation cryptos are all doomed, but the problems can be fixed if we see some real innovation in alts. There is the possibility of making our own decentralised global identity system.
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NameID is about storing your identity into Namecoin, BitID is about authenticating to a service by proving you control a Bitcoin address.
BitID and NameID complement themselves.
For instance :
1. you sign in on a service with your BTC address using BitID
2. the service queries NameID and retrieves the identity (name, email, avatar...) attached to this address
Sorry, but NameID does both, you're repeating work. You can log in using NameID to prove you own the Namecoin address linked to your Namecoin ID information. That's how it has worked for a while. |
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I agree, the section should just be shut down. It's bitcointalk, a bitcoin forum. If alt devs can't run & promote their own forum they shouldn't be taking people's money. It's just a huge fail parade. The serious alts have their own forums & don't come here any more because they don't want to be associated with it.
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https://nameid.org has done this for a while with Namecoin, there's php source code for it & a firefox plugin. Try to make your implementation fairly closely compatible if possible.
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So, what will you be doing for your 5.5% premine? where does the other 1.25% reserved for development go? why would a developer join your project rather than create their own, it seems they'll be doing all the work anyway? you're not selling the idea very well.
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You can get a pretty accurate measure of gdp for the currency in real time from the block chain. Even easier if transaction fees are fixed at a percentage of the value. Can't you use that to give us a formula to fix supply for a stable currency, macro economist.
If possible, this might be a good idea. As far as I'm aware though, the block chain will tell you at most nominal GDP, not real GDP, but NGDP targeting can be close to optimal under certain circumstances. The strongest arguments for NGDP targeting are based on wage rather than price rigidity, but no one that I know of is currently paid a bitcoin wage, so this may be one for the long-run. If you were to do this, you'd tie the interest/demurrage rate to the deviation between NGDP and an exponential trend (say 2%). So when NGDP was high you'd increase future interest payments more than 1 for 1, for Taylor-principle type reasons. However, I'm a bit sceptical about the claim that you can get even NGDP from the block chain. In order to arrive at NGDP, you need to know which transactions are associated with the exchange of goods, and which of these exchanges are intermediates for the production of other goods. So, for example if I have two wallets, and I send bitcoins from one to the other, as far as I'm aware, that transaction will appear in the blockchain just the same as one in which I sent someone some bitcoins and they sent me some chocolate. The latter should be counted in NGDP, the former should not. Similarly, if Bob buys cocoa beans with bitcoins from Alice (who harvested them), then Bob uses them to make chocolate, which he sells to Charlie for bitcoins, then if we count both transactions towards NGDP (Alice to Bob, Bob to Charlie), then we are double counting the cocoa beans. True NGDP in this case is just the value of the second transaction. Thus extracting NGDP from the blockchain seems like an impossible undertaking. But perhaps I'm missing something. NGDP is essentially every unit of x currency spent in an economy. Official GDP figures are only an estimate & there are different ways of estimating that. We can get a very accurate measure for a certain type of NGDP, money supply (probably similar to M1 money supply) & velocity of money from the blockchain. They may be slightly different to typical government stats, but they should at least be more accurate & updated in real time. So, essentially, we can use these metrics that are easy to generate from the blockchain to determine the demand for the currency. We can control the increase in money supply through controlling the block reward for miners. Transaction fees could be used as a tax to take money out, or maybe there are other ways. A good argument for targeting NGDP, or velocity (or whatever you want to call it) is that it's pretty simple to measure on a blockchain. Doing that with a traditional currency would be much more prone to error. Just need the maths to do that. Should be a fairly simple formula to create a currency who's supply responds to demand to enable even more stable (or slightly inflating) prices than good fiat currencies. Instead of measuring & targeting price inflation to promote growth, we can measure & target growth with the aim of low price inflation. |
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I wish we had a fully developed, mass adoption ready, decentralized e-mail replacement. Bitmessage is a nice idea, but I don't think it will scale gracefully and nobody seems to care about I2P Bote. E-mail is decentralised, always has been. Use PGP to make it private too. |
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OK, spiffcow, I'm in. Seems a good idea to have some kind of standards.
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You can get a pretty accurate measure of gdp for the currency in real time from the block chain. Even easier if transaction fees are fixed at a percentage of the value. Can't you use that to give us a formula to fix supply for a stable currency, macro economist.
Since we can see exactly when the currency is used, that's basically the demand for it, surely supply could be fixed to satisfy that demand?
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Closed source wont get accepted, so no trade secrets, shouldn't matter if you don't want to get rich.
This is clearly not a serious post, but just in case anybody takes you seriously, how much are you paying? Why would developers want to work on a coin for you when they could easily do their own? If you're an engineer then why can't you do it?
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It's not extortion.
At least I'm advocating for an application process with a fee.
No different than what state governments do today for registering a real company.
The funds collected through fees are used to enforce the process.
It works through government today for real businesses, there's no reason why it wouldn't work here.
Yes a certainy amount of responsibility must be taken by the body conducting this process. So that they don't embezzel funds. But I'm sure we can make that work.
Will they get an official "we're a shitcoin" seal from the shitcoin foundation to put on their website to let everybody know how shit they are & how scared they are of being attacked? I could design it if you like. Then go right ahead & attack every coin without the logo prominently displayed. If you're going to extort shitcoins & try to present it as some kind of public service then at least let us know which suckers pay. Obviously nobody with any responsibility will get involved in this, so do what you like with the funds, you might want to save them for your lawyer fund. |
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There's no point to it other than 'marketing', it's just another scam.
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So this revolution started 4, 5 days ago now? What's the score? How many shitcoins did you kill so far?
Lets see.... Where is H2O at the moment? No idea, never heard of them & don't care. When are you going to attack any of the bigger scams? Don't get me wrong, I'm a supporter of what you're trying to do, just impatient to see some action. |
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Proove your ID & share coins out to miners that can prove they're human.
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So this revolution started 4, 5 days ago now? What's the score? How many shitcoins did you kill so far?
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There's a Firefox plugin & maybe more 3rd party DNS servers will support it too so you'll just need to change dns settings. It'll be many years before ICANN adopts it & most of the internet switches over, but it does at least look like a possibility now, I thought it was just a fantasy a few weeks ago. There are ways that you & everyone else can help to speed that process up by adopting it & supporting it.
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1) they do already, there's no timeframe for when most people adopt it, but some work will be done towards that goal - since it's free, open source & a good idea, feel free to help.
2) that's correct
DNS is pretty broken, needs replacing with a better system & namecoin, or something like it might be that better system in future. Even ICANN has expressed some support for the idea recently, but namecoin isn't really all that it could be yet, it has potential to be a lot more useful with some more development. They recently added support for storing identity information too & I think there's more work planned too.
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