Re: Introducing the Bitcoin Ordinals DID Method

Melvin,

There is no proposal being made here for you to oppose. If inscriptions
were off-chain this would break the discoverability of the method and*
r**equire
additional sidechains or tokens *which goes against the main goal of the
method. Since inscriptions are possible on the Bitcoin network *today* this
method is also already possible.

Since the method inherits the security of layer 1 Bitcoin it is the most
decentralized and censorship-resistant method available. I am more
interested in hearing this community's thoughts regarding the technical
implementation, not the politics of whether Bitcoin should or shouldn't be
used for decentralized public key infrastructure. Bitcoin is so much more
than a financial network.

Brian

On Mon, May 1, 2023 at 12:22 PM Melvin Carvalho <melvincarvalho@gmail.com>
wrote:

>
>
> po 1. 5. 2023 v 21:01 odesílatel Brian Richter <brian@aviary.tech> napsal:
>
>> Hello CCG,
>>
>> I have created *Yet Another DID Method*. This method uses Bitcoin
>> transactions directly on L1 to manage DID Document state. The full
>> specification can be found on github
>> <https://github.com/ordinalsreserve/btco/blob/main/spec.md>. I welcome
>> your feedback, questions, and suggestions as this method is developed and
>> refined. Please don't hesitate to send me questions about the method or
>> ordinals directly.
>>
>> The Bitcoin Ordinals DID method is a decentralized identifiers (DIDs)
>> solution that leverages the Bitcoin blockchain and ordinal theory. By
>> uniquely identifying individual satoshis, this method enables creating,
>> resolving, updating, and deactivating DIDs without altering the Bitcoin
>> network or requiring additional sidechains or tokens.
>>
>>
>> *DID Syntax and DID Document*DIDs in this method have a specific syntax,
>> which includes a method-specific identifier derived from the Bitcoin
>> address and the ordinal position of a satoshi. The syntax can be
>> represented as did:btco:<satoshi>.
>>
>> A DID Document contains a DID's public key, authentication information,
>> and service endpoints. The data model follows the W3C DID Core
>> Specification, using JSON or JSON-LD as the serialization format.
>>
>>
>> *Creating a DID Document*Select a unique identifier using ordinal theory
>> to determine a specific satoshi within the Bitcoin blockchain.
>>
>>    1. Create a public/private key pair for cryptographic operations and
>>    authentication.
>>    2. Define any necessary service endpoints for communication or
>>    interaction with the DID.
>>    3. Create a DID Document with the required properties following the
>>    DID Core Specification.
>>    4. Inscribe this document (long form json or short form text) onto
>>    the satoshi with the ordinal number mentioned in the identifier.
>>
>>
>> *Resolving a DID Document*
>>
>>    1. Retrieve the inscription data from the satoshi associated with the
>>    method-specific identifier.
>>    2. If this utxo has been spent, look for the next DID Document by
>>    finding another inscription in the spending transaction.
>>
>>
>> *Updating a DID Document*
>>
>>    1. Perform a Bitcoin transaction that sends the inscription to the
>>    control of a new public key (burns the current DID Document). In the same
>>    transaction, inscribe the new DID Document. The control will effectively
>>    transfer to this new DID.
>>
>>
>>
>> *Deactivating a DID*
>>
>>    1. Perform a Bitcoin transaction that updates the DID but does not
>>    transfer control to a new DID.
>>
>>
>> In summary, the Bitcoin Ordinals DID method provides a practical and
>> secure solution for managing digital identities within the decentralized
>> identity ecosystem. By leveraging the existing Bitcoin blockchain and
>> ordinal theory, this method enables a range of innovative use cases and
>> applications.
>>
>
> -1 to this.  Strongly oppose.
>
> The bitcoin network works best as a financial network
>
> Inscriptions belong off-chain, with at most a reference to them, on-chain
>
>
>>
>> Best regards,
>>
>> Brian Richter
>> Founder / CEO
>> Aviary Tech / Ordinals Reserve
>> brian@aviary.tech
>>
>>
>>