[Bitcoin-development] Fwd: [BIP 15] Aliases
timon.elviejo at gmail.com
Thu Dec 15 11:08:13 UTC 2011
2011/12/15, Walter Stanish <walter at stani.sh>:
> Interaction is a requirement, since there seems to be a widely felt
> need to preserve anonymity through the use of temporary addresses.
> Generating a temporary address requires some actual processing to
> achieve, since the issuing of the new address cannot be done without
> interacting with the entity hosting the wallet (unless I'm missing
I thought the interaction was just the server answering with an
address (maybe also amount and other details). But we don't have to
define how the server will get that address.
-A static address: less anonymity, but some people may not care. Say a
-The servers stores the recipient private keys and generates a new one
for each payment.
-The server stores a set of addresses provided by the recipient and it
manages what address it gives in each request (like in the web service
I told you I can't find).
> It *is* true that under the current IIBAN proposal there would be one
> entity (IANA) in charge of issuing namespace portions ('institution
> codes' - probably best to rename these...), however:
IANA reserves some namespace for bitcoin. All right.
The problem comes later.
* Systems such as [BITCOIN] have quirks that require slightly
delayed settlement due to the nature of their decentralized,
consensus-based approach to fiscal transfer. Users requiring
instant settlement MAY thus see benefit in the use of a
centralized proxy system or organization as an instantaneous
financial settlement provider (the 'institution').
As I understand it (probably I'm wrong, because I haven't read the
whole IIBAN draft) there would be a "bitcoin institution" that would
map bitcoin addresses to the bitcoin subspace of the IIBAN.
" * IANA MAY delegate management of portions of the IIBAN name space
through such institutions."
If we can find a deterministic method to map the subspace the all
possible bitcoin addresses, everything's fine again. But if that's not
possible, we would need a central institution to manage the mapping
and that would be a step back in decentralization.
I can't find the answer of Gavin's question "How is the mapping done?"
in your post. I'll re-read it though.
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