Ask for bitcoin address while signing up

[unholycactus]

The user must enter his bitcointalk address along with a signed message while signing up.And there should be an inbuilt message verifier.So that he could recover his account if it gets stolen or hacked by re-signing with the same address with the time stamp.

sounds like a good idea, it would also stop the buying/selling of accounts, because no one would buy an account as the owner would be able to recover it so easily.

This won't stop account buying/selling, users usually sell private key along with the account.

Agreed. But when you sell your private key, the original owner still has the possibility of recovering, as well as the new owner of the account.


 

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[Hugroll]

yep, just cuz the owner provided the private key doesnt make it safe, the owner retains the key.
the owner would have to be extremely trusted to not reverse the account. this kinda reminds me of paypal, bct accounts would become just like paypal.

[yingbb0301]

yep, just cuz the owner provided the private key doesnt make it safe, the owner retains the key.
the owner would have to be extremely trusted to not reverse the account. this kinda reminds me of paypal, bct accounts would become just like paypal.

Great idea.
And it will prevent majority of the scams which are done with bought accounts.

[ranochigo]

Some newbies are more to understanding Bitcoin when joining this forum and they would probably have only the exchange deposit address as it's much simpler. We can perhaps make it optional. Also, if the address's RNG is weak, it could be cracked and people can use it to hack the accounts if it cannot be changed. This may also be an issue now but it would be a much bigger issue if users are confined to using only that address to confirm their identity.