📅 Original date posted:2011-12-13
🗒️ Summary of this message: Amir Taaki argues that FirstBits is useless due to the exponential rise in resources needed as the number of participants in the network grows linearly. He proposes a shared naming scheme between bitcoin implementations.
📝 Original message:On Mon, Dec 12, 2011 at 9:37 PM, Amir Taaki <zgenjix at yahoo.com> wrote:
> lol, way to miss the point nanotube.
>
> FirstBits *is* useless, but not for the reasons you specified. But simply because the resources it needs rises exponentially as the number of participants in the network grows linearly.
>
> The point is that if FirstBits were built into the implementation, that would allow me to simply send to 1brmlab. The proposal here is not for a website where people can lookup bitcoin addresses, but a shared naming scheme between bitcoin implementations. Here's the story again:
well, it's easy to miss the point when the example you use doesn't
make the point you think you're making. :D
but ok, yes, it would be nice to send directly to something like
1brmlab from the client. i suppose figuring out how to make sure that
1brmlab actually does send to whom you think it sends, is left to the
details of implementation, but that's a separate question.
Daniel F [ARCHIVE] /
npub1rk…3nvht
2023-06-07 02:46:09
in reply to nevent1q…jdrt
Author Public Key
npub1rkatdke2237uf5zw6pctfdgz8jvsrm6vrms0hrdcv6f22rv7f78qt3nvhtPublished at
2023-06-07 02:46:09Event JSON
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"content": "📅 Original date posted:2011-12-13\n🗒️ Summary of this message: Amir Taaki argues that FirstBits is useless due to the exponential rise in resources needed as the number of participants in the network grows linearly. He proposes a shared naming scheme between bitcoin implementations.\n📝 Original message:On Mon, Dec 12, 2011 at 9:37 PM, Amir Taaki \u003czgenjix at yahoo.com\u003e wrote:\n\u003e lol, way to miss the point nanotube.\n\u003e\n\u003e FirstBits *is* useless, but not for the reasons you specified. But simply because the resources it needs rises exponentially as the number of participants in the network grows linearly.\n\u003e\n\u003e The point is that if FirstBits were built into the implementation, that would allow me to simply send to 1brmlab. The proposal here is not for a website where people can lookup bitcoin addresses, but a shared naming scheme between bitcoin implementations. Here's the story again:\n\nwell, it's easy to miss the point when the example you use doesn't\nmake the point you think you're making. :D\nbut ok, yes, it would be nice to send directly to something like\n1brmlab from the client. i suppose figuring out how to make sure that\n1brmlab actually does send to whom you think it sends, is left to the\ndetails of implementation, but that's a separate question.",
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