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From: Eric Voskuil <eric@voskuil.org>
To: Brian Erdelyi <brian.erdelyi@gmail.com>
Cc: Bitcoin Dev <bitcoin-development@lists.sourceforge.net>
Subject: Re: [Bitcoin-development] Proposal to address Bitcoin malware
Date: Mon, 2 Feb 2015 11:05:57 -0700	[thread overview]
Message-ID: <05590A33-1802-4C15-91C0-8777ACD8440B@voskuil.org> (raw)
In-Reply-To: <68C03646-02E7-43C6-9B73-E4697F3AA5FD@gmail.com>

In sending the first-signed transaction to another for second signature, how does the first signer authenticate to the second without compromising the  independence of the two factors?

Sent from my iPhone

> On Feb 2, 2015, at 10:40 AM, Brian Erdelyi <brian.erdelyi@gmail.com> wrote:
> 
> Another concept...
> 
> It should be possible to use multisig wallets to protect against malware.  For example, a user could generate a wallet with 3 keys and require a transaction that has been signed by 2 of those keys.  One key is placed in cold storage and anther sent to a third-party.
> 
> It is now possible to generate and sign transactions on the users computer and send this signed transaction to the third-party for the second signature.  This now permits the use of out of band transaction verification techniques before the third party signs the transaction and sends to the blockchain.
> 
> If the third-party is malicious or becomes compromised they would not have the ability to complete transactions as they only have one private key.  If the third-party disappeared, the user could use the key in cold storage to sign transactions and send funds to a new wallet.
> 
> Thoughts?
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  parent reply	other threads:[~2015-02-02 18:42 UTC|newest]

Thread overview: 33+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2015-01-31 22:15 [Bitcoin-development] Proposal to address Bitcoin malware Brian Erdelyi
2015-01-31 22:38 ` Natanael
2015-01-31 23:04   ` Brian Erdelyi
2015-01-31 23:37     ` Natanael
2015-01-31 23:41       ` Natanael
2015-02-01 12:49         ` Brian Erdelyi
2015-02-01 13:31           ` Martin Habovštiak
2015-02-01 13:46             ` Mike Hearn
2015-02-01 13:54             ` Brian Erdelyi
2015-02-01 13:48           ` Mike Hearn
2015-02-01 14:28 ` mbde
2015-02-02 17:40   ` Brian Erdelyi
2015-02-02 17:54     ` Martin Habovštiak
2015-02-02 17:59       ` Mike Hearn
2015-02-02 18:02         ` Martin Habovštiak
2015-02-02 18:25           ` Mike Hearn
2015-02-02 18:35             ` Brian Erdelyi
2015-02-02 18:45               ` Eric Voskuil
2015-02-02 19:58                 ` Brian Erdelyi
2015-02-02 20:57                   ` Joel Joonatan Kaartinen
2015-02-02 21:03                     ` Brian Erdelyi
2015-02-02 21:09                       ` Pedro Worcel
2015-02-02 21:30                         ` devrandom
2015-02-02 21:49                           ` Brian Erdelyi
2015-02-02 21:42                         ` Brian Erdelyi
2015-02-02 21:02                   ` Pedro Worcel
2015-02-03  7:38                   ` Eric Voskuil
2015-02-02 18:10         ` Brian Erdelyi
2015-02-02 18:07       ` Brian Erdelyi
2015-02-02 18:05     ` Eric Voskuil [this message]
2015-02-02 18:53       ` Mike Hearn
2015-02-02 22:54         ` Eric Voskuil
2015-02-03  0:41           ` Eric Voskuil

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