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How was it alwys possible? I'm honestly curious, this seems like it doesn't have an obvious solution. This time it's provably unique ownership.
by RealityVoid 9y ago
How was it alwys possible? I'm honestly curious, this seems like it doesn't have an obvious solution. This time it's provably unique ownership.
- pishpash 9y agoUnique ownership is proved by signing with a unique digital signature, long possible. You must be thinking of something else entirely.
- benchaney 9y agoSignatures don't prove ownership. The prove agreement. Ownership is an entirely different concept.
- RealityVoid 9y agoUnless I'm missing something by signing a digital signature, you're not proving ownership, you're proving identity, a somewhat different concept. If I think a little deeper, it is true, you're proving identity by proving ownership of a private key, but the goal of crypto is proving ownership based on previous peer-agreed ownership by proving identity by proving ownership of a private key. Or maybe I'm just full of shit, but It intuitively feels different than just signing something.
- VMG 9y agoYou're right, the innovation is however the transfer of ownership without a trusted third party.