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Unique ownership is proved by signing with a unique digital signature, long possible. You must be thinking of something else entirely.
by pishpash 9y ago
Unique 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.