Security
[2] H. Massias, X.S. Avila, and J.-J. Quisquater, "Design of a secure timestamping service with minimal trust requirements," In 20th Symposium on Information Theory in the Benelux, May 1999.
Massias, Avila, and Quisquater note the importance and criticality of digital time stamping and seek to produce a fully trusted timestamp system. The authors use a trusted third-party approach as the did not believe that a distributed trust model as I created in bitcoin could be made to work. The requirement to trust a secure timestamp authority (STA) has led to multiple problems. One example was with the compromise of Diginotar, a Belgian CA. With the compromise of the system, the timestamp validations issued did not only fail from the moment of compromise, but every certificate and timestamp ever issued was effectively invalidated.
The structure of the blockchain itself comes from this document. In this, the round value from the preceding round is incorporated into the next round. Effectively, it is a blockchain structure based on a trusted authority.
CSW
Jan 6, 2020
https://metanet-icu.slack.com/archives/C5131HKFX/p1578343292140800
The security obtained through bitcoin comes through publishing each of the round route values. The audit function proposed in the paper is distributed to all parties holding copies of the blockchain. As the block hash or in this paper the round identifier cannot be changed without altering every other associated value that is connected to, the widespread distribution of just the block header (which we do using SPV) means that we achieve security in a distributed system without the trust issues being proposed by the authors of this document.
In reading just these two pages above, you see the primary mechanism used within bitcoin for the creation of blocks. The most frequently overlooked section of the bitcoin White Paper, section 3 on time is the most important.
CSW
Jan 6, 2020
https://metanet-icu.slack.com/archives/C5131HKFX/p1578343461141000
As I've stated many times before, everything existed in bitcoin. All I needed to do was at the economic system and make it pseudonymous rather than anonymous. The jump to solving the problems of bitcoin really came about through having a wide breadth of knowledge. In knowing all of these different obscure arts; computer science, law, mathematics and more, the solution is right there.
CSW
Jan 6, 2020
https://metanet-icu.slack.com/archives/C5131HKFX/p1578343643142000
If you read this paper, that is a blockchain. The authors use it as a secure time stamping service. But if you look at the image in that paper and also in my Whitepaper, what you will see in effect is my horribly drawn version of the original.
CSW
Jan 6, 2020
https://metanet-icu.slack.com/archives/C5131HKFX/p1578343740142200?thread_ts=1578343740.142200&cid=C5131HKFX
https://t.me/CSW_Slack/1935
[2] H. Massias, X.S. Avila, and J.-J. Quisquater, "Design of a secure timestamping service with minimal trust requirements," In 20th Symposium on Information Theory in the Benelux, May 1999.
Massias, Avila, and Quisquater note the importance and criticality of digital time stamping and seek to produce a fully trusted timestamp system. The authors use a trusted third-party approach as the did not believe that a distributed trust model as I created in bitcoin could be made to work. The requirement to trust a secure timestamp authority (STA) has led to multiple problems. One example was with the compromise of Diginotar, a Belgian CA. With the compromise of the system, the timestamp validations issued did not only fail from the moment of compromise, but every certificate and timestamp ever issued was effectively invalidated.
The structure of the blockchain itself comes from this document. In this, the round value from the preceding round is incorporated into the next round. Effectively, it is a blockchain structure based on a trusted authority.
CSW
Jan 6, 2020
https://metanet-icu.slack.com/archives/C5131HKFX/p1578343292140800
The security obtained through bitcoin comes through publishing each of the round route values. The audit function proposed in the paper is distributed to all parties holding copies of the blockchain. As the block hash or in this paper the round identifier cannot be changed without altering every other associated value that is connected to, the widespread distribution of just the block header (which we do using SPV) means that we achieve security in a distributed system without the trust issues being proposed by the authors of this document.
In reading just these two pages above, you see the primary mechanism used within bitcoin for the creation of blocks. The most frequently overlooked section of the bitcoin White Paper, section 3 on time is the most important.
CSW
Jan 6, 2020
https://metanet-icu.slack.com/archives/C5131HKFX/p1578343461141000
As I've stated many times before, everything existed in bitcoin. All I needed to do was at the economic system and make it pseudonymous rather than anonymous. The jump to solving the problems of bitcoin really came about through having a wide breadth of knowledge. In knowing all of these different obscure arts; computer science, law, mathematics and more, the solution is right there.
CSW
Jan 6, 2020
https://metanet-icu.slack.com/archives/C5131HKFX/p1578343643142000
If you read this paper, that is a blockchain. The authors use it as a secure time stamping service. But if you look at the image in that paper and also in my Whitepaper, what you will see in effect is my horribly drawn version of the original.
CSW
Jan 6, 2020
https://metanet-icu.slack.com/archives/C5131HKFX/p1578343740142200?thread_ts=1578343740.142200&cid=C5131HKFX
https://t.me/CSW_Slack/1935
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