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Could you just set up 8 accounts then transfer bitcoins between then, with the chosen recipient indicating the value of a byte? Obviously it wouldn't be readab
by DrStalker 13y ago
Could you just set up 8 accounts then transfer bitcoins between then, with the chosen recipient indicating the value of a byte?
Obviously it wouldn't be readable to anyone who didn't know what to look for so it couldn't be used for spam/memorials/etc but it could store information.
- gizmo686 13y agoYes. You could also establish and publish a simple protocol for this, so that someone could run a program and extract all the hidden messages the way we can currently by looking for plain-text. Granted this would provide a means of detecting the messages (and therefore filtering them). This could be counteracted by first posting the data, then posting in the block-chain the fact that you posted the data (along with relevant meta-data). If you do this in a probabilistic way (IE, a single transaction has a 5% chance of being an advertisment of your data), then any would be filter would need to make a trade-off between false-positives, and ease at which a reader could operate. Also, even when posted in plaintext, I wouldn't say that the messages are readable by people who are not looking for them. (How often do you look at the block chain?)
- epscylonb 13y agoIt should be pointed out that doing this wouldn't be free. Fees are mandatory when transaction amounts are very small or the funds were spent recently.