W3C home > Mailing lists > Public > public-webpayments@w3.org > April 2015

Re: decentralized wallets and payment processors

From: David Nicol <davidnicol@gmail.com>
Date: Tue, 7 Apr 2015 13:22:50 -0500
Message-ID: <CAFwScO8Y3bHLy6RiT4SMOMg7adA=R7vTwobDE1De5W8-RuMJUA@mail.gmail.com>
To: Adrian Hope-Bailie <adrian@hopebailie.com>
Cc: Melvin Carvalho <melvincarvalho@gmail.com>, Anders Rundgren <anders.rundgren.net@gmail.com>, Web Payments <public-webpayments@w3.org>
use http://www.libtorrent.org/dht_store.html to store a verified
ledger. Start by adapting the BTC blockchain to dht_store access.
Devise a mechanism for trusting providers of cached ledger query
responses.


> What is missing is a decentralised data store that can serve as the registry
> for these identities. The Credentials CG has proposed Telehash as this
> data-store.
> The challenge is that one then has to be explicit in defining the discovery
> protocol as to which decentralised data store to use.

> If someone proposed the namecoin block-chain as an alternative how do we
> decide which to use?
> Who will the stewards of this decentralised data store?
> Is there an architecture for this data store that would be rubber-stamped by
> the W3C as a cornerstone for dependent recommendations?
> (Here I am trying to think of an architecture that incentivises participants
> to maintain the network assuming that financial incentives aren't practical)
Received on Tuesday, 7 April 2015 18:23:20 UTC

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