The buyer will sell it several times 

'Signature chain' without blockchain can't. Satoshi and the others (above post) found that out.

But in our 'signature chain' project we have the 'transfer signatures' plus 'transfer transactions' that are timestamped on the blockchain. So we can know which signature was first, so it works. Satoshi didn't have a blockchain to do this, he had to create one what we use.

Satoshi discussed this 'signature chain' ...


... and the result was ...


Satoshi says "The challenge is, how do you prove that no other spends exist?" That means it could work if they found a way to prove it. It could only work with a blockchain. They didn't have a blockchain, they had to create it through running Bitcoin.

But we can use this blockchain for our 'signature transactions' and solve Satoshi's problem.

That's the reason why 'signature chain' works.

Bitcoin was the same at that time it was published. It was difficult for non-tech people to run it.



We have nostr 0.1. Tell your proposals and it will be discussed. Yesterday, someone mentioned that "delete - edit" possibility.

Yes, you're right. I meant if someone uses twitter too.

https://thebitcoinmanual.com/articles/what-is-nostr/
What is Nostr?

Nostr is an open-source project and protocol built around the concept of self-owned account data and identities. Allowing individuals to host and broadcast their own data with the help of private and public key pairings. The Nostr protocol, along with the decentralised identification, enables websites and internet applications to access this data by request of the user to create ‘decentralized’ social networks and cross-site interoperability.

https://twitter.com/mattdesl/status/1577385222265573378
nostr is a new and highly experimental decentralized open source social messaging protocol, currently in development


One thing to make abundantly clear: Nostr is a protocol. It’s a set of rules that servers and clients use to communicate (just like Bitcoin, email or Bittorrent). Nostr is not an app nor a “platform” (like Twitter, Facebook, etc.), but many applications can be built on top of Nostr. So of course there will be software that is not open source but uses that open protocol like Bitcoin wallet software (other than Bitcoin Core) that has only binaries.

Discovered nostr yesterday, but will check further.

Twitter Deletes Tweets, Web Page About Ban on Links to Rival Social Networks
https://me.pcmag.com/en/social-media-1/14103/twitter-deletes-tweets-web-page-about-ban-on-links-to-rival-social-networks

Jack Dorsey, meanwhile, has been tweeting links to Nostr after calling for a more open alternative to social networks like Twitter. There's no word on if Twitter plans to suspend its co-founder and former CEO. (On Twitter, Dorsey responded "Why?" to Twitter's initial tweet about the ban, adding "doesn’t make sense" in response to a tweet about Twitter banning Nostr promotion.)

On Twitter, Musk says that “casually sharing occasional links is fine, but no more relentless advertising of competitors for free, which is absurd in the extreme.” But neither he nor Twitter explain what “relentless” or “casually” mean in this context. And since Twitter says the platform will remove “content that contains links or usernames” for the social networks it has singled out, the new policy is causing confusion, to say the least.


On nostr nobody can ban you, nobody can delete your posts.


Bitcoin & nostr = the future

Meet the Bitcoiners on the new "decentralized twitter" - nostr

nostr stands for “Notes and Other Stuff Transmitted by Relays” and is an open protocol for censorship-resistant global networks.
nostr is a decentralized network based on cryptographic keypairs and that is not peer-to-peer, it is super simple and scalable and therefore has a chance of working.

https://www.nostr.net
https://nostr.com (some nostr projects)
https://github.com/nostr-protocol/nostr

As it is decentralized, it is an interesting social network among Bitcoiners and some are already testing their skills there:

@jack  82341f882b6eabcd2ba7f1ef90aad961cf074af15b9ef44a09f9d2a8fbfbe6a2
@LOPP  f728d9e6e7048358e70930f5ca64b097770d989ccd86854fe618eda9c8a38106
@ODELL  04c915daefee38317fa734444acee390a8269fe5810b2241e5e6dd343dfbecc9
@jack mallers  c4eabae1be3cf657bc1855ee05e69de9f059cb7a059227168b80b89761cbc4e0
@saylor (MicroStrategy)  a341f45ff9758f570a21b000c17d4e53a3a497c8397f26c0e6d61e5acffc7a98
...
and others (after you join one, you can see all followers of them and find others)

If you join, don't expect too much. It is like Bitcoin 0.1 ...  

your 'signature chain':

txid: 7590b3c36ca4c02e2db38eadaf6e21869d2fe611382d1fa2ecdf9b46c68e0a1b

'signature chain' ID: 1nonce1BTpmENWB8Yf9sTq9wBUvVgFz1G

signature:

Now you are the owner of that 'signature chain' and can transfer it to someone else with the private key of 1FgEoVLZFGytudv3qHnY79cCTiQn7aP43b.

@franky1

you can have the 'signature chain' with the ID: 1FRANKY1grywXZSJfMfhVoNxa5skP98cGM if you like, post an unused empty legacy address  

your 'signature chain' has been generated  

txid: f1637b0a514e0921ff89bc59f0da59c905c0d0022e03322a7bedec890a7b860b

'signature chain' ID: 1Not1fWnZwiKJe4GKa9GujV2PXypYuxXkZ

signature:

Now you are the owner and can transfer it to someone else with the private key of 1J2QARtbXjsF7UjPYywVbaxavvD5qaCHaf whenever you want.

'ownership': the owner of the 'signature chain'

The new owner of the 'signature chain' can only transfer the 'signature chain' but has no access to the address of the previous owner.

This project is open and free, so you don't have to connect a chain of addresses. Join if you like.


No, you don't reveal anything except the signature and a transaction from your address to the new owner's address. For example here:


The owner of address 1H3TAVNZFZfiLUp9o9E93oTVY9WgYZ5knX started a 'signature chain' and sent it to 1Pex1JK5w9VTGwohc3pqjfU72AmTgdi3r5. Can we know who they are? No.

Even addresses from the Patoshi pattern (believed to be Satoshi) could create 'signature chains' and nobody would know who they are if they wished to.
The only thing what 'signature chain' reveals is that someone has the private key of the starting address and that they are participating in that project.


The private key owner of the starting address will remain the sole owner of the key after creating a 'signature chain.' You don't share your private key. So you have the ability to sign a message anytime. 'Signature chain' doesn't change/limit your ability thereafter.


This project is like Bitcoin in 2009. We don't know how the community will accept it. But it is worth trying it as it works technically. When NFT started people said that it is worthless because the hash of a picture is stored on the blockchain instead of the picture file. I would like to own a 'signature chain' that started with block 0 (=Satoshi's address, that would be the most valuable imo) even after 'hopping' from address to address with signatures.

With that new type of NFT these early addresses will become an 'artwork' for coming generations. And this all on the Bitcoin blockchain without an altcoin or altnetwork.

DM me if you like to have a 'signature chain.'


@NotATether: your 'signature chain' is being generated. Will post it then.

@NotATether

You like the project? If you want to own a 'siganture chain' so post an unused/empty legacy address (starting with 1..) and I will send one to you 
The 'signature chains' I'm creating are not with old addresses but they are the first in that project.

I meant the value, not the privacy/mixing ability. It would be easier to calculate, at least for me 

Would work too. (Maybe easier for humans who use money because of similar values?)  

existing chips:
0.001, 0.002, 0.005, 0.010, 0.020, 0.050, 0.100, 0.200, 0.500, 1.000, 2.000, 5.000

value -> split into
0.001 -> 0.001
0.002 -> 0.002
0.003 -> 0.002 + 0.001
0.004 -> 0.002 + 0.002
0.005 -> 0.002 + 0.002 + 0.001
0.006 -> 0.005 + 0.001
0.007 -> 0.005 + 0.002
0.008 -> 0.005 + 0.002 + 0.001
0.009 -> 0.005 + 0.002 + 0.002
0.010 -> 0.005 + 0.005
0.011 -> 0.005 + 0.005 + 0.001
0.012 -> 0.005 + 0.005 + 0.002
0.013 -> 0.005 + 0.005 + 0.002 + 0.001
0.014 -> 0.005 + 0.005 + 0.002 + 0.002
0.015 -> 0.005 + 0.005 + 0.005
0.016 -> 0.005 + 0.005 + 0.005 + 0.001
...
0.980 -> 0.500 + 0.200 + 0.200 + 0.050 + 0.020 + 0.010
...
0.990 -> 0.500 + 0.200 + 0.200 + 0.050 + 0.020 + 0.020
...
1.000 -> 1.000
1.001 -> 1.000 + 0.001
...

albert0bsd provided a 2011 Bitcoin address 1H3TAVNZFZfiLUp9o9E93oTVY9WgYZ5knX to take part in the 'signature chain' project.

first seen transaction was on block 128,482  04/Jun/2011 03:54 AM UTC

signature:

Old address. Good luck!

Hi lasvegas83

Cool that you like that project.

Generated your 'signature chain' with the address 1PiN2bq1xLXt8Jb4XnJRwWfVEmTfcGM8iV

signature:

txid 05d18a44deb06882d83ef999fb5a07ed8e6c6fde6f966fce508dbc2a61043c8d
08/Dec/2022 10:39 PM UTC

Your 'signature chain' started with the address 1PiN2bq1xLXt8Jb4XnJRwWfVEmTfcGM8iV that I generated 2 days ago and you (1CLoAKmgiMrE3nnwvqZNydcsVDVCoLTKzd) are the owner now. Yes, 1PiN2bq1xLXt8Jb4XnJRwWfVEmTfcGM8iV isn't an old address but your 'signature chain' is one of the earliest in that project. 1PiN2bq1xLXt8Jb4XnJRwWfVEmTfcGM8iV could create other 'signature chains' on the Bitcoin blockchain, but these would be void. We can prove that because your address 1CLoAKmgiMrE3nnwvqZNydcsVDVCoLTKzd was the first seen on the blockchain and there can be only one 'signature chain' for one address. That is how it works. You can transfer it whenever you want.

Enjoy the project  

casinotester0001

I know why you didn't understand it. As we said that it is a new sort of 'NFT', it doesn't work like the regular one. There is a 'signature chain' protocol (rules) and one main point in these rules is that one address can generate only one 'signature chain'. Yes, someone who generated one 'signature chain' (in your case dave->jeff) can generate another 'signature chain' (in your case dave->claire) that will be stored on the Bitcoin blockchain. But, another rule says that only the first seen 'signature chain' on the Bitcoin blockchain is the valid one. Very simple rules. But it works. Dave could generate thousands of 'signature chains' after the first one that are stored on the Bitcoin blockchain. But only one 'signature chain' is valid, namely the first one (in your case dave->jeff).



Yes, that's it. You can't stop someone who has generated a 'signature chain' to generate another 'signature chain'. But, it is all stored on the Bitcoin blockchain. And only the first seen on the Bitcoin blockchain is the valid one that will be accepted by the participants of this new sort of 'NFT' -> the 'signature chain'. If someone wanted to give you a 'signature chain', so the Bitcoin blockchain will be checked whether it is a valid one. So simple. It works.

There will be lots of void 'signature chains' on the Bitcoin blockchain, but who would want them. You can check easily if they are valid or not.

I created a void 'signature chain' to explain it:

Yesterday I transferred a 'siganture chain' from address 1MAP7AKiN5Ddce82VE8eFheFfyQ8iffvmV to 14ivWoBRgpfMbyiWqyjuDFnch6sGpsxKTV (user yhiaali3)

We can check the Bitcoin blockchain for address 1MAP7AKiN5Ddce82VE8eFheFfyQ8iffvmV if it is valid or not. We will see that 1MAP7AKiN5Ddce82VE8eFheFfyQ8iffvmV made a valid 'signature transaction' on block 766,199, so the new owner for this 'signature chain' is 14ivWoBRgpfMbyiWqyjuDFnch6sGpsxKTV (user yhiaali3).

Today I generated a new 'signature chain' from address 1MAP7AKiN5Ddce82VE8eFheFfyQ8iffvmV to 1J777xxcpV3kNwdgkU7ckVM4RrSHvYjcrc that is stored on block 766,348. But anyone can check on the Bitcoin blockchian that there is a 'signature chain' for 1MAP7AKiN5Ddce82VE8eFheFfyQ8iffvmV that was done earlier. So, that new 'signature chain' is void. It is there, but we can say exactly what is valid and what is not. Now the new owner of the void 'signature chain' can transfer that void 'signature chain' to someone else. Nothing stops them to do that as you said it. But the new owner would get a void 'signature chain'. Who would pay for it? We can check this. So simple. It works.


Anyone can download Beeple's "Everydays - The First 5000 Days" and make an NFT out of it. Who would buy it? Only the one produced by Beeple's address is valid, that is the NFT rule. And in our case it is the first seen 'signature chain' on the Bitcoin blockchain that is valid.

What if Beeple produced the same "Everydays - The First 5000 Days" NFT and said that this new one is the original / valid NFT? The community wouldn't accept it. This is how it works and this is how 'signature chain' works.  

We don't know, it's the community's decission. There was an idea 'signature chain' and our task is to build 'signature chain' and explain how it works. The good thing is that it works. I remember when NFTs came out, most people said that they're valueless as the picture is not stored on the blockchain (instead a hash). You could mint CryptoPunks for free and they had no value.

It is very important to understand how it works. For example user franky1 thinks that the creator of a 'signature chain' for a certain address can create lots of 'signature chains' for a certain Bitcoin address (in his example, Bitcoin address = names like dave, jimmy, ...)
Yes, the initial address holder/owner of a 'signature chain' will keep control of their private key (that was the intention of 'signatue chain') but they can't make other chains for "dave" (= a certain Bitcoin address). They can make a new 'signature transaction' and it will be stored on the blockchain, but the 'signtature chain' protocol will not accept it as valid. So there will be one 'signature chain' for one given Bitcoin address.

yhiaali3, you experienced it yesterday as I sent a 'signature chain' to a used address that you gave. The transaction is stored on the Bitcoin blockchain, but the 'signature chain' protocol doesn't accept it. After sending it to an unused/empty address, it worked. Now you have one 'signature chain' from the holder/owner of the address 1MAP7AKiN5Ddce82VE8eFheFfyQ8iffvmV and the owner could send it to another user, it would be stored on the blockchain but it wouldn't be valid in the 'signature chain' protocol. So you are the sole owner of the 'signature chain' that started with this address 1MAP7AKiN5Ddce82VE8eFheFfyQ8iffvmV. Nobody can create another one that is valid.

And if now old Bitcoin address owners like that idea and create a 'signature chain' for their old address, it could become an interesting new type of 'NFT'. Some will say that it has no value, but I think that it has value because the owner intentionally starts that 'signature chain' and I would like to own a chain that started with an 2009 or 2010 address or for example from that address that sold 2 pizzas for 10,000 Bitcoin. It will be unique, that means one 'signature chain' for one Bitcoin address.