I think there is a lot of sensationalism in the way this issue has been aproached. To inject data into the blockchain in this way is comparable (although not identical) to writing the same 'evil urls' in a dollar bill with a pen, and then passing it around. It is a problem that exists in a different layer than the currency, even if it is to some degree 'passed on' through the currency. Likewise, the solution (imho) l…
This is wrong on all points. A dollar bill is seen by an infitesimally small number of users as opposed to 100% of full bitcoin nodes. Dollar bills are also transient and easy to destroy, whereas the blockchain is permanent and forever. Finally, there is no entity that could determine unacceptable content or delete it, and if there were it would carry the standard abuse problems of any censorship program. So while th…
The Flaw that May Bring Down Bitcoin or Change it Forever
21–30 of 62 posts
Re: The Flaw that May Bring Down Bitcoin or Change it Forever
#22What's the worst thing you can transmit with 20 bytes? A link to a website? A couple of the 7 words? A "yo mama" joke? C'mon this is a BS linkbait article
A link to child pornography, perhaps, with which law enforcement would have an excuse to make any selected bitcoin user's life a living hell.
Re: The Flaw that May Bring Down Bitcoin or Change it Forever
#23I guess they should have disallowed vowels eh? Has spam appeared yet? Because you know that is next.
Re: The Flaw that May Bring Down Bitcoin or Change it Forever
#24Re: The Flaw that May Bring Down Bitcoin or Change it Forever
#25This will neither bring bitcoin down or change it forever. Any information contained in those bytes is just that: information. What can you say in 20 bytes that can have permanent, material damage to human beings? A wonderfully sensationalist title, but really nothing to back it up.
"What can you say in 20 bytes that can have permanent, material damage to human beings?" The AACS encryption key was 16 bytes: http://en.wikipedia.org/wiki/AACS_encryption_key_controversy In general, private keys are in that range of byte size.
Saying something meaningful enough to get someone jailed for possessing a drive with the string on it (the criteria for this to be actually harmful to bitcoin) is nearly impossible in 20 bytes in most parts of the developed world.
The article is sensationalist bullshit.
Re: The Flaw that May Bring Down Bitcoin or Change it Forever
#26Obviously that's absurd, but where do you draw the line? You need specialized software and the 32 byte transaction ID in order to extract the data.
What other permanent public records could be manipulated like this?
Re: The Flaw that May Bring Down Bitcoin or Change it Forever
#27There's already a proposal floating around on the dev list to introduce a new address type, P2SH^2, which would allow the relevant data fields currently being used to stuff the info discussed in the article to become hashes. This would have the effect that if you wanted to stuff arbitrary data, you'd be limited to finding hash collisions. See the thread here: http://sourceforge.net/mailarchive/message.php?msg_id=3070…
This is to say nothing about the fact that everyone else running bitcoin will also possess these bytes in their blockchains, making the possession of them rather unextraordinary.
This whole article is just the latest in "Bitcoin doomed to fail, and here's why!" bullshit that's been going on for what feels like a decade but is really only 3 years or so.
Re: The Flaw that May Bring Down Bitcoin or Change it Forever
#28I would think the solution to this problem is to somehow prove to the blockchain that the address was indeed produced by the SHA256 RIPEMD160 process. I would think mathematically there is some way to do this without revealing what it was you hashed. I mean, you can verify that you are who you say you are simply by using your private key to sign a message; I would think a comparable process would work for this. EDIT:…
I see no problem here. Perhaps you could describe it?
Re: The Flaw that May Bring Down Bitcoin or Change it Forever
#29What's the worst thing you can transmit with 20 bytes? A link to a website? A couple of the 7 words? A "yo mama" joke? C'mon this is a BS linkbait article
A link to child pornography, perhaps, with which law enforcement would have an excuse to make any selected bitcoin user's life a living hell.
Sounds like an airtight case.
Re: The Flaw that May Bring Down Bitcoin or Change it Forever
#30This brings up some interesting questions. One could also XOR some illegal data with the text of the US Constitution, then claim that the Constitution "contains" that data, you just need to XOR it with this particular key. Obviously that's absurd, but where do you draw the line? You need specialized software and the 32 byte transaction ID in order to extract the data. What other permanent public records could be mani…
US legal system is based on intent so it's kind of pointless.