[bitcoin-dev] BIP 151

Chris Priest cp368202 at ohiou.edu
Sat Jul 2 09:44:00 UTC 2016


On 6/30/16, Erik Aronesty via bitcoin-dev
<bitcoin-dev at lists.linuxfoundation.org> wrote:
>
> I would like to see a PGP-like "web of trust" proposal for both the
> security of the bitcoin network itself /and/ (eventually) of things like
> transmission of bitcoin addresses.
>
> Something where nodes of any kind (full, spv, mobile wallets) can
> /optionally/ accumulate trust over time and are capable of verifying the
> identity of other nodes in that web.
>

Isn't the system already functioning in this way already? Bitcoin
exchanges and block explorers already have a reputation earned by so
many years of serving the community. Their HTTPS certificate acts like
a public/private key, and when your wallet makes a request to their
server, the keys are automatically checked for validity by the
underlying http library.


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