Re: Introducing the Bitcoin Ordinals DID Method

 Cool work, Brian!

I’m curious if you’ve run any numbers for how well the method scales? I see
there’s a section on cost/transaction fees which mentions batching.
Do you know the cost If, say 1000 or 10k DIDs were in it?

 I am trying to evaluate DID methods on a global scale. This means each
human on earth could have multiple. So, if everyone on earth used the
method (let’s say 10B DID:BTCOs), would it consume all Bitcoin block space
and become untenable?

If not, seems like it’s more of an experiment, which still has value — and
is neat!

Gabe

On May 1, 2023 at 12:39:01 PM, Brian Richter <brian@aviary.tech> wrote:

> 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
>>>
>>>
>>>