emin_gun_sirer
Joined 14 years ago
Karma
201
Submissions
46
Member since
Jan 16
Joined 14 years ago
The article only cites papers from 1961 and 1964, and complains about how CS departments use out-of-date machine models when teaching algorithms. This is just not true at any of the top schools.
This is false. Karma was a p2p currency that did this in 2004, 5 years before Bitcoin: http://www.cs.cornell.edu/People/egs/papers/karma.pdf
If we're done picking on looks and personal issues, something I tried to avoid very carefully in the article, perhaps we can focus on content and ideas?
Open source distributions, for instance, are currently distributed along with a hash, supposedly for protection, but we all know that those hashes are essentially worthless. This is a way to get integrity protection for free.
Employment status is another case where an independent certificate that you were employed at that instant would be valuable for the recipient.
Raffles and so forth are entirely untrustworthy at the moment; participants need to trust the reputation of the raffle holder, and while there are some laws, they are just not enforced.
In all these cases, VN can provide a useful service far before anything hits the fan. CertTime looks like it was a great attempt at a very specific instance of the problem. Virtual Notary is attempting to tackle a more general version of the attestation problem, so I'm hoping that there are more savvy users to draw on.
We've been running the service for many months now, and it costs 0.005 BTC per day, which is a small price to pay for a useful service. Just curious about what caused you to shut the service down.