3 ms·
Even if that's the case, how do you convince the network that the shares need to be invalidated? How do you do that in a way that can't be faked? That sounds a
by Kalium 12y ago
Even if that's the case, how do you convince the network that the shares need to be invalidated? How do you do that in a way that can't be faked?
That sounds a lot like another set of private keys to me. We already know those are vulnerable to being stolen.
- ThomPete 12y agoBecause the protocol is transparent so you can trace what happened? Ebay and Paypal solve 60million disputes a year using software. http://techcircle.vccircle.com/2011/02/08/ebay-paypal-solve-60m-online-disputes-a-year/ http://techcircle.vccircle.com/2011/02/08/ebay-paypal-solve-... I am not saying I know how to do this just saying that I don't think it's going to be as hard as some might thing. But sure I could be wrong. And keep in mind. No system is perfect. Neither is the crypto-protocol. But it doesn't need to be. It just have to be good enough.
- Kalium 12y agoJust because you can trace how shares/money moved doesn't mean you can convince the rest of the network that the movement was improper. This doesn't meet any sane definition of "good enough". It gives up a bunch of protections for no real gains.
- ThomPete 12y agoPerhaps perhaps not. It seems pretty early still to say anything with certainty.