Hi there, I would like to share with you something that I worked on quite a while,
I am researching the "digital Identity" idea in the last year and I am trying to understand how to combined a
Blockchain identity with secure payments, there are a lot of interesting things out there and I believe that they can developed very nice over the years, (OneName, Bonafide, NetKi).
But for now I think that because there still no standardization between Bitcoin wallets\payments services (except the BIP's approach that solve some of the problems).
I am looking for a much simple solution for the Bitcoin addresses problem, the "copy /paste" action that we're doing in order to send money to someone is not a normal habit for a payments method and we need to changed that (Bip 070 motivation..).
To changed that basic action of copy/paste addresses I think that first we need to create some "safe zone" inside the Blockchain, here is a good example of a "Safe" address that belongs to the gambling service "Lucky", they gained lot of "reputation" because they are using the same addresses, its an epic battle here:
privacy VS
security, what is more important? I think that we can handle somehow with the privacy issue, security is more important…
Lucky addresses :
https://blockchain.info/address/1LuckyB5VGzdZLZSBZvw8DR17iiFCpST7Lhttps://blockchain.info/address/1LuckyY9fRzcJre7aou7ZhWVXktxjjBb9SI can considered those safe addresses as Luckey's Blockchain identity, we can be sure in almost 99 percent that when we send money to that place ,Lucky's people will have it.
My direction is to combined
known addresses & CoinJoin ,I think that it could be a powerful solution for e-commerce payments, its just 2 little "add-ons" for the Bitcoin protocol but if we will create a good automation service for that, we can have a lot of "safe" zones around the blockchain that can be connected to each other in many ways or API's and without a copy/paste.
If I know exactly each business "Blockchain addresses" range, I can create a strong connections between the "dots", of course that we are risking those "special" addresses ,but securing a private key is securing a private key, the efforts of securing "3A1KUd5H4hBEHk4bZB4C3hGgvuXuVX7p7t" should be the same as securing "1iLoveYou13224DASD2Fdasdf".
My Website: https://www.riders.io/Example for a bussiness account, "asos": https://blockchain.info/tx/c7d08dabfa898ca3f819a486ae9203131c5cb3eab6e55a5e0b9b653c6745adb7Another example that combined coinjoin , trace that account…https://blockchain.info/tx/f887a0be0eca5df03a6efedb5c24ba616256994e499756b060aec21808a1d1eahttps://blockchain.info/tx/8c5ca4305144d76535fb74ca664cb94aff2cdd2563f70652de579efc6d812d32It is only at the beginning and I know that there are a lot of problems that this way of payment can cause, like analysis services that can trace everything.. but that's why I'd love to hear your opinion ,Tnx!
