Bitcoin Forum
May 09, 2024, 08:57:12 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: del  (Read 398 times)
danielW (OP)
Sr. Member
****
Offline Offline

Activity: 277
Merit: 253


View Profile
del
October 30, 2017, 08:18:06 AM
Last edit: June 14, 2018, 08:24:22 PM by danielW
 #1

del
1715245032
Hero Member
*
Offline Offline

Posts: 1715245032

View Profile Personal Message (Offline)

Ignore
1715245032
Reply with quote  #2

1715245032
Report to moderator
1715245032
Hero Member
*
Offline Offline

Posts: 1715245032

View Profile Personal Message (Offline)

Ignore
1715245032
Reply with quote  #2

1715245032
Report to moderator
Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
amaclin1
Sr. Member
****
Offline Offline

Activity: 770
Merit: 305


View Profile
October 30, 2017, 10:07:30 AM
 #2

I.e. If I wanted to re-implement this myself what would I need to do?
I think you should hire Peter Todd or ask him what to do.  Grin

Quote
but still dont know how open timestamps actually works.
Hmmmm...
Have a look to https://app.originstamp.org/home
Let us call it "close timestamps" contrary to "open timestamps"
I think it is not very hard to compare these two projects and understand the technique.
If no, you must give up and switch to something else.

Bitcoin SV GUI client for Windows and Linux
https://github.com/AlisterMaclin/bitcoin-sv/releases
haltingprobability
Member
**
Offline Offline

Activity: 98
Merit: 26


View Profile
November 03, 2017, 04:35:17 AM
Last edit: November 03, 2017, 05:02:06 AM by haltingprobability
 #3

I'm guessing that they create an unspendable output with an OP_RETURN which allows you to embed arbitrary data in a transaction. So, they can aggregate a bunch of individual hashes into a single hash, then submit a Bitcoin transaction to an unspendable output with OP_RETURN that contains the literal bytes of the aggregated hash. So, for the cost of about 70-80 bytes or so (assuming compressed signatures), you can embed an unbounded number of hashes into a Bitcoin block, thus timestamping all of those hashes with that block.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!