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A "blind signature" sounds like an odd concept. What can be done I just thought up is adding another transport layer to bitcoin. And breaking up and distributi
by JacobH 13y ago
A "blind signature" sounds like an odd concept.
What can be done I just thought up is adding another transport layer to bitcoin. And breaking up and distributing the wallet's contents "sum" among strangers into something like a checksum. Then on transactions bringing the chunks of checksum partially back together.
How it's broken down can vary. you have to remember though, if you are buying something for $10 all that needs to be verified is that you have $10 or more for the next step.
- oleganza 13y agoThe scheme allows never holding all secret pieces in one place to make a transaction. Otherwise, if your machine is compromised, someone can send your money elsewhere. I don't quite understand your proposal, but it requires having all chunks in one place to make a transaction.