Re: Public Keys and Proof of Work

On Wed, Apr 3, 2013 at 8:22 PM, Melvin Carvalho
<melvincarvalho@gmail.com> wrote:
>
>
>
> On 3 April 2013 18:00, Roman Evstifeev <someuniquename@gmail.com> wrote:
>>
>> On Tue, Apr 2, 2013 at 1:20 PM, Melvin Carvalho
>> <melvincarvalho@gmail.com> wrote:
>> > There is a concept that has become popular lately in cryto (particularly
>> > crypto currencies) which is called proof of work.
>> >
>> > http://en.wikipedia.org/wiki/Proof-of-work_system
>> >
>> > The principle behind it is that you can use cryptography to make your
>> > public
>> > key 'special' in some predefined way, in order to prove that it was a
>> > very
>> > hard key to create.
>> >
>> > These special keys are considered valuable (indeed in cryto currencies
>> > you
>> > can be rewarded financially for creating one)
>> >
>> > However the original idea of proof of work was an anti spam measure.
>> >
>> > I wonder if were start using proof of work public keys linked to
>> > identity on
>> > the web, what possible formats could we use ... perhaps 6-10 leading
>> > 1's?
>>
>> What for? What is the usecase?
>
>
> It's like passing a captcha ... the person on the other side can have a
> little more confidence that you are not a throw away identity.  ie it is a
> reputation vector.

As far as i understand this - botmaster can pregenerate a lot of these
"proofs" and link them to fake identities. So this is not useful at
all.

Received on Wednesday, 3 April 2013 16:58:29 UTC