Why Nostr? What is Njump?
2023-06-07 15:06:36
in reply to

Wendell [ARCHIVE] on Nostr: šŸ“… Original date posted:2013-09-06 šŸ“ Original message:Hi all, We're thinking ...

šŸ“… Original date posted:2013-09-06
šŸ“ Original message:Hi all,

We're thinking about ways of automatically exchanging contact details between wallets, in order to encourage the proliferation of identifiable names and photos rather than long and hard-to-verify addresses.

The simplest version goes like this:

2 BTC Bitcoin is sent to someone, and a data lookup hash is inserted into the transaction. When it arrives on the other end, it is indeed looked up, and instead of being presented with a dialogue that says "you received 2 BTC from 13Y94z43Nbbb6wevRyk82CeDoYQ5S28zmA", it's "You received 2 BTC from Frank Jones" including a nice photo.

Now. We can simply delete this data in reference to the transaction ID after it happens (or delete it after a time), but is there any more decentralized way to do it? I would prefer us to run no dedicated servers that would ever put us in a position of being coerced into giving data, or otherwise altering our system to store it.

Any thoughts about this?

-wendell

grabhive.com | twitter.com/grabhive | gpg: 6C0C9411

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