Author: 木ノ下じょな 2015-02-21 14:05:51
Published on: 2015-02-21T14:05:51+00:00
The email exchange between Bob and the proposer concerns a proposed modification to hierarchical deterministic (HD) wallets. Bob expresses concerns about the security of the proposed modification, stating that even with the modification, compromise of the longer key still compromises the entire wallet. The proposer responds by explaining that as long as the keys are generated within their specifications, it is not possible to derive the associated extended private key to the ancestor extended public key.The proposed modification suggests managing normal private keys hierarchically instead of generating millions of keys ahead of time and storing them on USBs or something similar. The proposer cites Reality Keys as an example where bitcoins are sent to Yes/No bet addresses, and the result of the bet's private key is revealed to award the winners via special P2SH scripts. The proposer believes that services like "Reality Keys" could be a perfect use case for this modification. They request any cryptographers to take a look at the math and see if it's sound.Aside from the email exchange, the context also includes a PGP public key block. This is a public encryption key that can be used to send encrypted messages to the owner of the key. Additionally, there is an email containing an advertisement for BIRT iHub F-Type, a free enterprise-grade server for business reports and dashboards. Another email is from the Bitcoin-development mailing list, hosted by SourceForge, which allows developers to discuss issues related to the development of the Bitcoin protocol. The email includes a link to sign up for the mailing list.
Updated on: 2023-06-09T17:35:32.764231+00:00