For reasons others have pointed out, it's not really plausible.

Either way, this has nothing to do with transmitting data over audio. Please start a new thread if you want to discuss your idea instead of hijacking this one. Thanks ;)

On Fri, Aug 12, 2016, 05:36 Erik Aronesty via bitcoin-dev <bitcoin-dev@lists.linuxfoundation.org> wrote:
I'm imagining a "publishable seed" such that:

 - someone can derive a random bitcoin address from it -  and send funds to it.
 - the possible derived address space is large enough that generating all possible addresses would be a barrier
 - the receiver, however, knowing the private key, can easily scan the blockchain fairly efficiently and determine which addresses he has the keys to
 - another interested party cannot easily do so

Perhaps homomorphic encryption may need to be involved?  


On Thu, Aug 11, 2016 at 8:36 PM, Gregory Maxwell <greg@xiph.org> wrote:
On Thu, Aug 11, 2016 at 8:37 PM, Erik Aronesty via bitcoin-dev
<bitcoin-dev@lists.linuxfoundation.org> wrote:
> Still not sure how you can take a BIP32 public seed and figure out if an
> address was derived from it though.   I mean, wouldn't I have to compute all
> 2^31 possible public child addresses?

Which would take a quad core laptop about 8 hours with competent software

And presumably you're not using the whole 2^31 space else the receiver
also has to do that computation...

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