raymo at riseup.net [ARCHIVE] on Nostr: 📅 Original date posted:2021-07-01 📝 Original message:Hi Erik Please correct me ...

📅 Original date posted:2021-07-01
📝 Original message:Hi Erik

Please correct me if I misunderstood.

> email is fully compromised.

What I got is:
Email is not good because the sender and receiver are compromised.
Email is not good because the message content is revealed.
I can claim same argue about any other client/server model. Since the
server (website) service provider will ask some sort of KYC. And even if
the server uses end-to-end encryption, the provider company still can
read the packets content.
In my model the passive listener only can discover who is communicate to
whom and make a graph of connections. Although it is a threat for
privacy but the server/client model has this flaw inherently, since
provider already knew everything about everyone. In my model at least
users can make some fake connections and send some fake emails in order
to inject noise to communications.
Please note the fact that entire communication between mobile wallets
(via emails) are asymmetric PGP encrypted. The PGP keys are controlled
by end users unlike ALL pretending secure messengers (e.g whatsApp,
signal, zoom,…).
If you are worried about the way of exchanging PGP public key, you are
right. The most secure way is in-person PGP key exchanging.
After that for payments the wallets communicate in pgp encrypted
messages and they can transfer Bitcoin address through an PGP encrypted
cipher, thus no revealing Bitcoin address to public would occur. Neither
the amounts of transactions will be reviled.
There for it would be a good practice for shops to put their email and
PGP public key on shop website and/or PGP public key servers, instead of
putting Bitcoin address on website or using 3rd parties services to hide
their Bitcoin payment addresses.

If I missed some points about “fully compromised” please write it to me.


> public keys / addresses are sent
As I told before ALL communication in Sabu are PGP encrypted.

> other routing data encrypted with public keys
>(not sure how data is routed in sabu)

Sabu is not responsible for routing at all. It simply sends emails.
Indeed the wallets peer-to-peer network in Sabu is pretty straight
forward. Each mobile wallet has one email address as its handler and
identifier in mobile-wallets-network. Each mobile can send message to
another mobile by knowing its email address and the PGP public key.
This information can be prepared in first face-to-face contact of mobile
owners, or later (something like signing the other’s public key in web
of trust) when a creditor wants to spend his money and transfer it to
another creditor. The creditor1 send the signed money transfer request
alongside the email and public key of creditor2 all in a PGP encrypted
message to issuer.



> separate the Sabu protocol from the app... allow others to implement
> desktop version, or other versions that use other routing systems

Indeed, it is my approach too. As I told before users will decide
between an unstoppable, permission less, self-sovereignty and
decentralized pure peer-to-peer communication network (with some
resolvable privacy issues) or some efficient, privacy-mimic central
limited network.


> you can allow direct-entry of a BIP-word-representation
> of a public key/address to avoid privacy/central system concerns
Agree. Actually, I was thinking about an easy mechanism to share your
public key like what you suggested here.
But what I consider for a “central system concerns” is the ability of
communication without dependency to any company.
As an example, what can you do if the twitter bans your account?
Nothing! Your content and entire connections will be lost.
But if you form your friends list in your mobile (or computer) and have
their PGP public keys and they have yours, and use email as a dual
purpose tool. First as a handler (the tool for finding and to be found
in internet) and second as a communication tool.
Thus, no one can stop you, ban you or limit you to send/receive
transaction to/from anyone.
What I am trying to say is using email is far better than account
(username) in a limited central service like twitter, Facebook,
telegram... or even in future Sabu servers!
You have your connections under your control in your phone. You can
easily change your email and use a new email or even a new service
provider without losing your connections and your control over it.
You just sign your new email address and send it to your friends circle
and notify them about changes.
Of course, email is not good for millions of followers but it is
obviously good for managing your payment network of hundreds of people
(either issuers or creditors).

Best
Raymo

On 2021-07-01 20:49, Erik Aronesty wrote:
> your protocol should always assume the email system is fully
> compromised, and only send public information over email:
>
> - public keys / addresses are sent
> - other routing data encrypted with public keys (not sure how data is
> routed in sabu)
>
> your end user should be able to verify public keys / addresses
>
> - use QR-codes
> - phone calls with users reading BIP words out loud
> - other in-person information exchange
>
> separate the Sabu protocol from the app... allow others to implement
> desktop version, or other versions that use other routing systems
>
> - you can allow direct-entry of a BIP-word-representation of a public
> key/address to avoid privacy/central system concerns
>
> On Thu, Jul 1, 2021 at 4:20 PM raymo via bitcoin-dev
> <bitcoin-dev at lists.linuxfoundation.org> wrote:
>>
>> Hi Billy,
>> Sorry for late reply. Let’s jump in proposal.
>>
>> > Some more information about the benefits of this approach vs alternatives (mainly lightning)
>> The most important different is unlike the lightning, in Sabu no one
>> have to open a channel and pay Bitcoin transaction fee, subsequently no
>> one has to close channel and pay another Bitcoin transaction fee. It is
>> the huge improvement since it drops the overhead cost of transactions.
>> So, it will be more convenience to trade under Sabu protocol.
>> In Sabu none of parties of a transaction are obliged to block money in
>> any kind of smart contract or any other m of n signature accounts
>> on-chain, so it provides more privacy.
>> Since Sabu protocol is designed to motivate people to circulate
>> transactions (AKA debt documents) in Sabu network, if every actor act
>> rationally no one will aware how much money transferred from who to
>> whom.
>> In case of fraudulent activity by issuer, the creditor will send
>> Guarantee Transaction (GT) to Bitcoin network in order to recapture the
>> part of his credit. So, in this case the transaction is literally
>> recorded on bitcoin blockchain.
>> There is only one another reason to recording transaction on Bitcoin
>> blockchain. Where one creditor eager to pay Bitcoin transaction fee in
>> order to aggregate thousands or even millions different small amount
>> debt-documents in a single transaction on Bitcoin blockchain.
>> despite these two cases, the rest of transactions all occur in the Sabu
>> network (supposed to be over 99%). Thus, no footprint no bottleneck and
>> no over process.
>>
>> Another important power point of Sabu is its pure-peer-to-peer network
>> architecture. In Sabu the mobile wallets communicating to each other
>> directly without any central server. There is no centralization at all.
>> As a result, there will be no routing as well.
>> Since only issuer and creditors are aware of the content of transaction
>> (who pay how much to whom) it is a huge privacy improvement, which
>> doesn’t exist in other layer 2 solutions.
>>
>> About the usability of Sabu, although the protocol based on the
>> collaborating 2 different peer-to-peer network and 3 classic
>> server/client networks, but the end user (mobile wallet user) doesn’t
>> see any of these complexities.
>> The end user simply installs the mobile/desktop wallet and add her/his
>> friends to his phonebook by adding their email address or scanning their
>> email (and/or PGP public key). After that s/he can immediately start to
>> send/receive Bitcoin through Sabu network. Entire communications between
>> wallets are PGP encrypted.
>> Another good point in Sabu design is, the 12 seed words are using for
>> both Bitcoin wallet private key and the PGP private key. So, it is the
>> key of user wealth and its identity as well. For more details, please
>> read my previous answer to Alex Schoof.
>> The issuer, by using his UTXOs and selling them to creditors earn money.
>> the issuer creates the debt document (transaction) by which promises to
>> creditor an amount of satoshi. These debt documents are valid Bitcoin
>> transaction. The only difference is these transactions are intended to
>> circulate in Sabu protocol instead of sending to Bitcoin blockchain.
>> Each transaction is a small money transfer. 40,000 Satoshi as input and
>> maximum 20,000 Satoshi as credit and minimum 10,000 Satoshi as Bitcoin
>> transaction fee.
>> The creditors will use these received transactions as money and will pay
>> it in exchange of goods or services. For each transaction the creditor
>> pays 10 Satoshi as Sabu-transaction-fee to issuer.
>> Sabu is not custodial service and the UXTOs are always under issuer
>> control, unless issuer or creditor send the signed transaction to
>> Bitcoin network. When the transaction was recorded in Bitcoin
>> blockchain, the creditor can spend proper UTXO in Bitcoin network.
>> Imagine million people use their UTXOs in Sabu, they are issuer and
>> issue/update/cancel million transactions per second. All they need is a
>> mobile wallet. On the other hand, every one by knowing an issuer can buy
>> some Satoshi (whit absolutely no KYC), even 1 Dollar or less, and spend
>> it, this time Alice really can buy caffe by Bitcoin ;)
>> The Bar can install the mobile wallet and every day receives thousands
>> of debt documents (transactions), each worth maximum 20,000 Satoshi in
>> exchange of coffee. And every evening aggregates those small
>> transactions to one single transaction and send it to Bitcoin network.
>>
>>
>> The security model of Sabu is pretty straight forward.
>> Issuer is the owner of UTXO(s) which will be used in transactions. The
>> issuer is and will the only person who creates transactions and sign
>> them. The transactions are valid transaction which either issuer or
>> creditor can send them to Bitcoin network, but they will never send
>> these transactions to Bitcoin network, because of the high Bitcoin
>> transaction fee for each single transaction.
>> Since issuer is the only one who can sign transaction (spend UTXOs),
>> there is a risk of issuer cheating. And no one can stop issuer from
>> cheating, because these are his UTXOs and he has the proper private
>> keys.
>> The Sabu solution is Guarantee transaction. It is a valid transaction
>> that issuer has to sign it alongside the Main transaction. In GT both
>> issuer and creditor cut a part of their output in favor of Bitcoin
>> transaction fee.
>> We suppose miners always seeking for more profit, thus in a case there
>> are 2 or more transaction are spending same UTXO as input, miner will
>> choose transaction with highest feeRate. There is no economically
>> benefit for issuer to cheat creditors and pay less transaction fee
>> simultaneously. So rationally the issuer won’t cheat creditor.
>> It was the simplest explanation of Sabu security model.
>>
>> > I agree with others that using email is probably not appropriate for a protocol like this. I would highly recommend making your protocol transport-agnostic, allowing users of your protocol to use any transport they want.
>> Indeed, the protocol is transparent-agnostic, if I insist of email as a
>> user identifier and communicating tool is because of the idea of
>> reforming part of internet architecture and make it more decentralized.
>> The wallet users can choose classic architecture. In this case mobile
>> wallets will connect to a central server and communicate through that
>> server (pretty much like all existed mobile wallets). While some users
>> decide to use a pure peer-to-peer communication. I knew email has some
>> privacy issues but as always it is a tradeoff. Users can decide between
>> an unstoppable, permission less, self-sovereignty and decentralized pure
>> peer-to-peer communication network (with some resolvable privacy issues)
>> or some efficient central limited network.
>> Let me know the critics about email. Hopefully this would lead us to
>> improve email instead of letting it die. I strongly suggest email
>> because it is the ONLY neutral, free “nonproprietary” and open
>> protocol/technology for communication in the world that its
>> infrastructure is well-established and is accessible all over the glob.
>>
>> I tried to explain it more, hope was useful. By the way the complete
>> explanation is here
>> https://raymo-49157.medium.com/time-to-boost-bitcoin-circulation-million-transactions-per-second-and-privacy-1eef8568d180
>>
>>
>>
>> Regards
>> Raymo
>>
>>
>>
>> On 2021-06-22 18:20, Billy Tetrud wrote:
>> > I would be interested in seeing some more information about the
>> > benefits of this approach vs alternatives up front in this write up.
>> > Eg how does the security, cost, usability, and privacy compare to the
>> > lightning network, which would be the most likely competitor to this
>> > idea. It seems clear that there is more counterparty risk here, so it
>> > would probably also be very helpful to compare against traditional
>> > custodial solutions as well. If you have specific claims on how this
>> > system is better than eg lightning in certain contexts, it would be
>> > far easier to evaluate the protocol against those claims, and would
>> > also be a lot easier for readers to be motivated to read the whole
>> > protocol and do a more full analysis.
>> >
>> > I agree with others that using email is probably not appropriate for a
>> > protocol like this. I would highly recommend making your protocol
>> > transport-agnostic, allowing users of your protocol to use any
>> > transport they want.
>> >
>> > On Sat, Jun 19, 2021 at 7:00 PM James Hilliard via bitcoin-dev
>> > <bitcoin-dev at lists.linuxfoundation.org> wrote:
>> >
>> >> I think you're making a number of assumptions about mining that are
>> >> not accurate.
>> >>
>> >>> First of all, how much chance in finding next block the corrupted
>> >> miners have? One percent of all Bitcoin hash powers? Or maximum 5
>> >> percent or 10? The cheaters must come up in dividing that 1.2
>> >> Bitcoin between. After all the risk/reward must fit them. They can
>> >> not be a big mining pool since there is no benefit, so they will be
>> >> small miners with low hash rate. If they solve the puzzle and
>> >> broadcast the block, no one in the entire Bitcoin network has block
>> >> transactions or seen it before in their mempool!
>> >>
>> >> You're making the assumption that miners won't build on top of a
>> >> block
>> >> with transactions they have not seen before or transactions that may
>> >> contain double spends of unconfirmed inputs, this is not how mining
>> >> works, as long as the block passes the consensus rules effectively
>> >> all
>> >> miners will mine on top of it by default, this behavior is
>> >> fundamental
>> >> to how mining currently works and is fairly deeply baked into the
>> >> current mining infrastructure.
>> >>
>> >>> Will they accept this block? In theory it is possible and have
>> >> 0.01 percent chance but we can eliminate this small possibilities by
>> >> a simple BIP for miners.
>> >>
>> >> What would this BIP look like? I don't see how this could work in a
>> >> decentralized way as you would need another way of reaching
>> >> consensus
>> >> on what defines a valid block. Right now the chance is nearly 100
>> >> percent that a miner will mine on top of the latest valid block,
>> >> many
>> >> pools(most last I checked) will even mine on the next block before
>> >> they validate the latest block fully(ie validationless mining) to
>> >> reduce their orphan rates.
>> >>
>> >>> We suppose the miners always control transactions with
>> >> doc-watchers and avoid accepting transaction with same UTXO but
>> >> different output.
>> >>
>> >> Miners have different mempool policy/rules for what transactions
>> >> they
>> >> themselves mine but all miners must mine on the most work chain of
>> >> valid blocks otherwise they risk their own blocks being orphaned,
>> >> any
>> >> miner that does not do this is effectively guaranteed to have their
>> >> block orphaned right now.
>> >>
>> >>> Because of high Bitcoin transaction fee, this guarantee
>> >> transaction will take place in next block, even if other transaction
>> >> which are using the same UTXO as input existed in mempool.
>> >>
>> >> When a new transaction is broadcast miners do not immediately start
>> >> mining on a block template that includes that transaction, the
>> >> template won't even be generated immediately when it enters a miners
>> >> mempool in practice, for bandwidth/network efficiency reasons mining
>> >> pools batch update the stratum templates/jobs they mine against so
>> >> there can be significant latency between the time a transaction is
>> >> actually broadcast and hits the miners mempool and the time the
>> >> miners
>> >> actually switch to mining on top it, these batched updates are
>> >> essentially like point in time snapshots of the mempool and
>> >> typically
>> >> remain valid(as in the pool will accept shares submitted against
>> >> that
>> >> job as valid) until the bitcoin network finds the next block. I
>> >> don't
>> >> think these batch updates are done more often than every 30 seconds
>> >> typically, while often it is on the order of multiple minutes
>> >> depending on the pool.
>> >>
>> >> Regards,
>> >> James
>> >>
>> >> On Thu, Jun 17, 2021 at 2:14 PM raymo via bitcoin-dev
>> >> <bitcoin-dev at lists.linuxfoundation.org> wrote:
>> >>>
>> >>> Hi,
>> >>> I have a proposal for improve Bitcoin TPS and privacy, here is the
>> >> post.
>> >>>
>> >>
>> > https://raymo-49157.medium.com/time-to-boost-bitcoin-circulation-million-transactions-per-second-and-privacy-1eef8568d180
>> >>> https://bitcointalk.org/index.php?topic=5344020.0
>> >>> Can you please read it and share your idea about it.
>> >>>
>> >>> Cheers
>> >>> Raymo
>> >>> _______________________________________________
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>> >>> bitcoin-dev at lists.linuxfoundation.org
>> >>> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
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