Re: [Bitcoin-development] Draft BIP for seamless website authentication using Bitcoin address

[Eric Martindale <eric@ericmartindale.com>]

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This is toying with the economics of cryptofinance in a way that needs to
be understood before being put under consideration for implementation in
Bitcoin.  This is an opportunity for an altcoin to explore the implications
of these proposals prior to changing the properties of an already
precarious system.

Eric Martindale
Developer Evangelist, BitPay
+1 (919) 374-2020
On Apr 7, 2014 2:55 PM, "Ricardo Filipe" <ricardojdfilipe@gmail.com> wrote:

> 2014-04-07 21:08 GMT+01:00 Troy Benjegerdes <hozer@hozed.org>:
> > I have to play dissenter here again..
> >
> > Using a bitcoin address as a persistent identity key is the first
> real-world
> > use of Bitcoin that I can imagine will make it a 'killer app' that
> everyone
> > and their grandma will want to use.
> >
>
> I am of the same opinion, although i understand Gavin's point. Would
> the multisig seed work for this purpose?
> I have been toying with this idea and I think that for this BIP to
> make sense it would require a "root" key as your login. Then if you
> need to make transfers the system would request you to create and
> associate a new key to your account for each purchase (signing the new
> key with the root one for example).
>
>
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