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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next prev 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 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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