btproof

Security and privacy

timestamping

SHOW HN2013

75points
29comments
#334of 1,739 in 2013
Top 20%of 2013 by points

How HN took it

MixedNo clear lean

5 positive, 8 neutral or asking, 0 mixed, 4 critical, out of 17 comments about the project. Thread score +0.07.

Idea: 4 for, 2 againstPerformance: 0 for, 1 againstPrivacy: 0 for, 1 againstPricing: 1 for, 0 against

The thread, comment by comment

Each row is a top-level comment and its replies, in HN's order. Select a cell to open that comment on HN.

positive neutral or mixed critical about another commenter or something else the maker

What HN said

What people liked

  • Nice work; glad it exists

    From 1 comment
    • Nice work; I'm glad this exists. (There have been a few others... see for example the [bitnotar] project.) Some miners don't like such 'dust' (abandoned micro amounts) living…
      gojomo on HN
  • Fee share going to miners is a nice touch

    From 1 comment
    • It's a nice touch that such a large percentage of the Paypal price goes to the miners.
      oscilloscope on HN
  • Novel use of p2p and blockchain technology

    From 1 comment
    • One of the most exciting things about bitcoin is the innovation it has sparked in trustless p2p applications. Currencies are just the beginning. A timestamping/notary is one use.…
      tlrobinson on HN

Objections

  • Embedding hashes in addresses creates dust outputs that burden nodes

    From 2 comments
    • Correct me if I am wrong, but I would argue that creating these addresses with tiny leftover cash amounts creates more of a burden on bitcoin nodes than normal transactions.…
      labawi on HN
    • Nice work; I'm glad this exists. (There have been a few others... see for example the [bitnotar] project.) Some miners don't like such 'dust' (abandoned micro amounts) living…
      gojomo on HN
  • Could be abused to buy bitcoins with stolen PayPal funds

    From 1 comment
    • Are you really letting people pay with PayPal to send BitCoins to an arbitrary address? If it's just 1 satoshi for $3 you might be fine (if PayPal doesn't notice), but don't even…
      wayu on HN
  • Using blockchain for non-financial data is questionable

    From 1 comment
    • While I applaud novel uses of technology I am a bit uneasy using the bitcoin blockchain for the purpose of something other than transferring financial value. Couldn't you create…
      drcross on HN

Requests

  • Use OpenTimestamps or Merkle tree batching

    From 2 comments
    • I think you are better off working with Peter Todd, a bitcoin developer working on opentimestamps (github.com/opentimestamps), rather than inventing your own thing. He's already…
      gwillen on HN
    • Nice work; I'm glad this exists. (There have been a few others... see for example the [bitnotar] project.) Some miners don't like such 'dust' (abandoned micro amounts) living…
      gojomo on HN
  • Store hash in transaction comment instead of address

    From 2 comments
    • Are you really letting people pay with PayPal to send BitCoins to an arbitrary address? If it's just 1 satoshi for $3 you might be fine (if PayPal doesn't notice), but don't even…
      wayu on HN
    • I would suggest this to avoid losing coins. 1. Use SHA256 of your document as a private key. 2. Send some money (e.g. 0.01 BTC) to the address created from that private key. 3.…
      oleganza on HN

Questions

  • How does it compare to SSL CA timestamp servers

    From 1 comment
    • What are the advantages of using this for timestamps rather than the SSL CA timestamp servers? http://en.wikipedia.org/wiki/Trusted_timestamping I am looking for a way to prove…
      j_s on HN
  • Why not post hash in newspaper or Usenet archives

    From 1 comment
    • How would this compare to posting the hash in a public and frequently backed up way such that the date would be generally established by archives? For example, you could take out…
      mikeash on HN

Alternatives named

  • OpenTimestamps

    From 1 comment
    • I think you are better off working with Peter Todd, a bitcoin developer working on opentimestamps (github.com/opentimestamps), rather than inventing your own thing. He's already…
      gwillen on HN
  • Bitnotar

    From 1 comment
    • Nice work; I'm glad this exists. (There have been a few others... see for example the [bitnotar] project.) Some miners don't like such 'dust' (abandoned micro amounts) living…
      gojomo on HN
  • bitcoinproof

    From 1 comment
    • How does yours compare to this one http://vog.github.io/bitcoinproof/
      tocomment on HN
  • SSL CA timestamp servers

    From 1 comment
    • What are the advantages of using this for timestamps rather than the SSL CA timestamp servers? http://en.wikipedia.org/wiki/Trusted_timestamping I am looking for a way to prove…
      j_s on HN

Category, keywords, summaries and labels on this page were made by AI (Thread Reader v2) and not checked by hand. Each point links to the comments it came from.

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