Post
📅 Original date posted:2013-06-15
📝 Original message:That is true, but someone is already running it as a service on the blockchain itself. See:
www.proofofexistence.com
You can imagine similar services cropping up for things like torrents, sending btc tweets, etc. While I am not saying these things are particularly refined ideas in and of themselves, people should have an opportunity to play with them, and better testnet.
Sent from my iPhone
On Jun 15, 2013, at 3:57 AM, "Luke-Jr" <luke at dashjr.org> wrote:
> Timestamping ("proof of existence") doesn't need a coin at all. Just collect
> all the hashes you need timestamped into a PoE merkle tree and add that to the
> merged mining MT. It's pretty simple and straightforward, just needs someone
> to implement it.
>
> On Saturday, June 15, 2013 12:09:09 AM Dennison Bertram wrote:
>> Have your seen 'proof of existence'? It's basically a bitcoin notary
>> service that proves a document existed before it gets inserted into the
>> blockchain. While a good idea- you could argue that it's blockchain spam
>> as well- especially if one were to adapt it to high volumes in the future
>> for notarizing permanently things like tweets (for example) or combining
>> it with something like colored coins. These are great ideas, but maybe
>> better suited to a proto bitcoin without needing to fashion a brand new
>> coin.
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📅 Original date posted:2013-06-15
📝 Original message:On 19 May 2013 15:23, Adam Back <adam at cypherspace.org> wrote:
> Is there a way to experiment with new features - eg committed coins - that
> doesnt involve an altcoin in the conventional sense, and also doesnt impose
> a big testing burden on bitcoin main which is a security and testing risk?
>
> eg lets say some form of merged mine where an alt-coin lets call it
> bitcoin-staging? where the coins are the same coins as on bitcoin, the
> mining power goes to bitcoin main, so some aspect of merged mining, but no
> native mining. and ability to use bitcoins by locking them on bitcoin to
> move them to bitcoin-staging and vice versa (ie exchange them 1:1
> cryptographically, no exchange).
>
> Did anyone figure anything like that out? Seems vaguely doable and
> maybe productive. The only people with coins at risk of defects in a new
> feature, or insufficiently well tested novel feature are people with coins
> on bitcoin-staging.
>
> Yes I know about bitcoin-test this is not it. I mean a real live system,
> with live value, but that is intentionally wanting to avoid forking
> bitcoins
> parameters, nor value, nor mindshare dillution. In this way something
> potentially interesting could move forward faster, and be les risky to the
> main bitcoin network. eg particularly defenses against
>
> It might also be a more real world test test (after bitcoin-test) because
> some parameters are different on test, and some issues may not manifest
> without more real activity.
>
> Then also bitcoin could cherry pick interesting patches and merge them
> after
> extensive real-world validation with real-money at stake (by early
> adopters).
>
Interesting idea. I wonder if ripple could be used to set up a transfer
system between the 'main' and 'staging' systems ...
>
> Adam
>
>
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