Author: Justin Newton 2015-07-17 01:01:20
Published on: 2015-07-17T01:01:20+00:00
The discussion revolves around OpenAlias and Wallet Name, two different formats used to simplify cryptocurrency transactions by using a single name for multiple addresses. OpenAlias uses a single call while Wallet Name uses a two-tier lookup format. The latter is believed to be more scalable as it allows the wallet to automatically choose which currency it wants to send and get the right address without the user's intervention. However, OpenAlias can cause extra and unnecessary traffic and privacy leakage as it returns numerous addresses when only one is requested. Additionally, it can become an amplifier for DDoS attacks.Another point of discussion is DNSSEC, which is mandated in Wallet Name but optional in OpenAlias. For Wallet Name, its importance lies in ensuring that the correct value is returned during lookups, preventing known vulnerabilities in DNS without DNSSEC, and complying with ICANN's mandate. While DNSSEC deployment can be hard and may fail in some cases, Wallet Name offers various options to cater to different users' needs and preferences. Finally, the conversation touches on the possibility of forcing people to use a particular registrar or service. Wallet Name asserts that it does not force anyone to use their services, and its choice to mandate DNSSEC is driven by the belief that users should not have the option of not using it, given its importance.
Updated on: 2023-06-10T02:37:33.742308+00:00