Mike Hearn [ARCHIVE] on Nostr: 📅 Original date posted:2015-03-13 📝 Original message:It sounds like the main ...
📅 Original date posted:2015-03-13
📝 Original message:It sounds like the main issue is this is a web wallet server of some kind.
If the clients were SPV then they'd be checking their own balances and
downloading their own tx history, which would mean the coordination tasks
could be done by storing encrypted blobs on the server rather than the
server itself having insight into what's going on (see: Subspace).
So whilst you might be able to use some scheme to avoid the server knowing
the xpubkey, if the server still knows all addresses and all transactions
because the clients are web wallets ..... is there any point? It seems like
maybe going from server knows everything to server knows 95% of everything:
maybe not worth the engineering cost.
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Published at
2023-06-07 15:31:50Event JSON
{
"id": "3df10ee5750f5b1916c93fc08f39de3b411a72adbf8e49b6c6ba9f854ec58f1d",
"pubkey": "f2c95df3766562e3b96b79a0254881c59e8639f23987846961cf55412a77f6f2",
"created_at": 1686151910,
"kind": 1,
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"content": "📅 Original date posted:2015-03-13\n📝 Original message:It sounds like the main issue is this is a web wallet server of some kind.\nIf the clients were SPV then they'd be checking their own balances and\ndownloading their own tx history, which would mean the coordination tasks\ncould be done by storing encrypted blobs on the server rather than the\nserver itself having insight into what's going on (see: Subspace).\n\nSo whilst you might be able to use some scheme to avoid the server knowing\nthe xpubkey, if the server still knows all addresses and all transactions\nbecause the clients are web wallets ..... is there any point? It seems like\nmaybe going from server knows everything to server knows 95% of everything:\nmaybe not worth the engineering cost.\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20150313/42a1bcee/attachment.html\u003e",
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}