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The core bitcoin wallet has a "signmessage" API call that can be used to sign a message with the private key behind an address, thus proving ownership of the ad
by wcoenen 5y ago
The core bitcoin wallet has a "signmessage" API call that can be used to sign a message with the private key behind an address, thus proving ownership of the address. So it seems to me that by this logic, the core bitcoin wallet also "has KYC".
edit: in fact that AOPP thing appears to be just a thin layer on top of signmessage. https://gitlab.com/aopp/address-ownership-proof-protocol/-/blob/master/README.md https://gitlab.com/aopp/address-ownership-proof-protocol/-/b...
- xiphias2 5y agoThe basic ethos of Bitcoin development is that every feature that doesn't improve scalability, security or fungibility of Bitcoin is a potential security vulnerability. Even if it's just a thin layer, if it's implemented, it's destroying years of work of improving Bitcoin fungability.
- wcoenen 5y agoThe kid pointing out that the emperor has no clothes is not destroying the tailor's past work to improve the emperor's clothing situation. Similarly, making use of features and properties that Bitcoin already has, is not reducing fungability. Bitcoin simply does not have fungability. The emperor has no clothes.