Oh my Satoshi
→ Pumpkin Man Craig
→ CoinGeek Toronto
→ Hodlonauts everywhere
→ 10th Birthday Genesis
Satoshi Nakamoto Vision, Bitcoin evolution & original cypherpunks (The O.Cs)
Published by Cryptonites on 25 Dec 2019
Universal Avatar on Bitcoin & Paymail
Twitter thread posted by stoichammer @stoichammer on Dec 11th 2019
1/ Universal Avatar on Bitcoin & Paymail.
The thread attempts to elucidate the nuances involved regarding on-chain identity, self-sovereignty, security & privacy.
2/ I have great respect for @_unwriter for his significant contributions. This is a focused critique on Bitpic-Paymail solution.
Building a decentralized avatar on Paymail, is building on shaky ground.
3/ The user’s (Paymail PKI) public key is not stored on-chain (cannot as well) and is issued/authorized by the Paymail service provider, while the bitpic provider stores the mapping of paymailID ' publickey ' signed_avatar.
4/ The bitpic (indexing) nodes are at the mercy of (needs Trust) the Paymail provider (federated) to issue genuine Public-key in the first place, and does not prevent a compromised paymail provider from overriding the true avatar.
5/ The bitpic nodes will not be able to detect fraud, this is true even if they have pre-indexed the paymailID, as the public key associated with paymail handle can change under genuine circumstances too (per spec).
Also it requires trusting the bitpic provider (bitpic
6/ network,etc.), but you cant rule out vulnerabilities/compromises at a 3rd party. Yes you can host your own bitpic node, but in practice other such federated protocols are seldom self-hosted.
7/ Besides, 3rd parties cant be relied upon as they may shut shop for whatever reason. @_unwriter has stated this himself and infact pitches bitpic feature as an avatar archival service.
8/ Trusting a website, should be out of question, whether it is paymail domain or a block-explorer for that matter.
In essence bitpic is an onchain “reference” to an identity that actually lives/authorized by a 3rd party, and hence not immutable or trustless.
9/ Merely loading up the appropriate avatar does not enhance the security/ privacy (although not claimed) of the paymail payment protocol, but on the contrary it can mislead users into thinking that the identity is on-chain, and could lead to false sense of trust.
10/ e.g. the paymail providers’ API issues a wrong (malicious) destination address (hack, etc.). Not to mention the privacy concerns of a 3rd party (paymail provider) being privy to all your transactions.
11/ Also I think this tweet is embellishment (if not disingenuous), as the true identity is authorized/held/issued by the Paymail provider. As the user does not register the paymail handle with Pubkey on-chain by own authority.
12/ A true self-sovereign solution would not require trusting any 3rd party whatsoever. The on-chain identity would be something you truly own & customize, not something provided to you as a service needing 3rd party authorization.
13/ Also, a true self-sovereign payment system will trustlessly provide payment destination addresses (+ more) without any security or privacy compromises. All these would have to work completely on-chain.
14/ And the nodes would serve light-clients (SPV with proofs) for both payments & names(ID/avatar/etc.)
You would also never have to interact with a website again, (websites are 3rd parties). A single sophisticated user friendly light client for all your needs.
15/ (wallet/ full-explorer-SPVish-proofs/ media-uploads / (w̵e̵b̵)site hosting, browsing & more).
And for the dapp/app developers the nodes will come replete with comprehensive API suite, without the overhead and restrictions of the old Web , and you can rest-assured there…
16/ …is a distributed utility node operating over a secure P2P overlay network that tirelessly satisfies growing demands, without ever needing downtime too. The old web - HTTP /HTTPS/ REST/TLS/SSL/Websockets/DNS/DNSSEC – will be abandoned.
17/ The primary concern of typical SPV wallets is ‘privacy’, as the serving nodes can trivially map Bitcoin addresses to IP addresses.
18/ The new overlay network will route transactions privately & securely across multiple hops using the DHT similar to the Onion protocol so the true source of wallet lookups and transactions are not traceable. Thus you wont need to worry about Tor / VPN.
19/ The usefulness of this system extends well beyond payment applications.
Paymail at scale undermines Bitcoin, by introducing an essentially “trusted-3rd-party” system (stating usability) over an inherently trustless protocol.
20/ Other protocols that build around Paymail, unwittingly or not, will aid in corroding Bitcoin’s true power.
A self-sovereign on-chain protocol can provide uncompromising security, privacy, transparency & user liberty.
21/ Also BSV at scale places special scalability demands & will render many generic solutions useless (typically forks of wallets /explorers/ API from other Bitcoin chains).
22/ We are building an open protocol (#Allegory/#Allpay) based ecosystem, that satisfies the above requirements, & comes with a user friendly wallet that works with ‘names’(goodbye to unwieldy addresses) & will be released in phases in 2020.
Mru Patel interview with Craig Wright
Published by Mru Patel Google on 9 Dec 2019
Craig Wright Says Blockstream Hacked Him to Forge Documents #Faketoshi
Boyd Digital Cryptocurrency News on 19 Dec 2019
Craig Wright shares timestamped document of "Satoshi Nakamoto"
Honestly it's strange that no one really knows the answer. I've been digging into that these past few years and would like to find out the truth.
Published by Brendan Sullivan on 30 Dec 2019
Craig Wright: "BTC is not Bitcoin"
Published by The Cryptonomist on 14 Dec 2019
Craig Wright Fireside Chat in China: 'We don't want machines dictating our lives'
Published by CoinGeek on 8 Dec 2019
Bitcoin Association Founding President Jimmy Nguyen interviews Dr. Craig Wright who shares his vision in creating one of the biggest inventions of the century: the Bitcoin. In this special edition of the Fireside Chat, which has been a staple in Bitcoin conferences in 2019, Dr. Wright said that code is not law, criminality should be investigated with HUMINT (human intelligence) rather than surveillance, and automation “will give us more time to be human."
The Fireside Chat was made during BSV China Conference on December 7, 2019 in Beijing, People's Republic of China.