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Author Topic: new idea: Proof-of-Email discussion  (Read 7044 times)
zoro1 (OP)
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July 03, 2014, 10:43:33 AM
 #1

Hi guys. I was thinking of a simple proof-of
method in order to involve humans in mining
and send coins easily to email addresses.
It isn't a complete concept that is why i write it
here in order for the masterminds of crypto world
to have a look and perhaps elaborate or complete it
if it can be useful and simple.
minting:
the wallet and blockchain will consist of email addresses (only?)
then an email is sent arbitrarily from the network to an email address
of the blockchain with a secret key.
the email user will insert the key in his wallet to claim the minting coins.

sending and receiving of coins:
the user A will send from his wallet the amound of coins to an email address B.
the wallet sends this as minting email thus B enters the secret key to his wallet
to take the coins

i don't know about scam operations, double spending or if it can coexist
with other proof-of methods
waiting for your opinion Smiley

https://storjtalk.org/index.php
storj:decentralized cloud and much more!
Mikez
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July 03, 2014, 10:59:48 AM
 #2

The interesting thing is that Bitcoin's proof-of-work is derived from a system named Hashcash, proposed in back in '97 by Adam Back. It was designed to limit email spam and DOS attacks.
You can read more about it here: https://en.wikipedia.org/wiki/Hashcash

Rannasha
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July 03, 2014, 11:02:46 AM
 #3

minting:
the wallet and blockchain will consist of email addresses (only?)
then an email is sent arbitrarily from the network to an email address
of the blockchain with a secret key.
the email user will insert the key in his wallet to claim the minting coins.
How does "the network" arbitrarily select an email address? The network is just the collection of all users and each of them will prefer if they receive the next batch of coins. How do you prevent everyone just "arbitrarily" choosing himself (or a second account / friend if the no-self-voting rule is used).

Quote
sending and receiving of coins:
the user A will send from his wallet the amound of coins to an email address B.
the wallet sends this as minting email thus B enters the secret key to his wallet
to take the coins
There is nothing in here to prevent double spending. I can send the same message to several parties and both will acknowledge them as valid.

Quote
i don't know about scam operations, double spending or if it can coexist
with other proof-of methods
waiting for your opinion Smiley

One of the most important innovations of Bitcoin is the prevention of doublespending in a decentralized system. You can't simply gloss over the doublespending issue by saying you don't know if it'll work in your idea or not. I suggest you read up on Bitcoin in more detail to learn what exactly makes it tick.
luffy
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July 03, 2014, 11:31:15 AM
 #4

If it is just an idea and not a well worked concept then it has flaws all around.
Only in development phase these flaws can be addressed.
But you gave me the idea of a wallet of some kind that can be merged with my email some how Smiley
Then all i have to do is to use my email in order to have also my wallet available from anywhere and anytime
simple and easy!
But that requires a trustless email something like the storj project is discussing right now
http://storjtalk.org/index.php?topic=1353.0
 Wink
skyrits
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July 03, 2014, 06:45:14 PM
 #5

I don't think you can use Proof-of-email.
As mentioned before you can't prevent double spending, as it is valid for an email to have multiple recipients and besides that, email addresses are bound to domains. If you loose control of your domain name you loose your email addresses as well.
http://threatpost.com/phony-order-faxed-to-registrar-leads-to-metasploit-defacement/102576
This is a recent example of hijacking a domain by FAX...
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