niftynei on Nostr: it’s easy to spot this kind of behavior— if you’re providing the bitcoin ...
it’s easy to spot this kind of behavior— if you’re providing the bitcoin address to send funds to you can have confidence that your funds are unencumbered
the usual argument is that you can do what you describe today merely by making all funds require a signature from another party (you can’t spend them w/o the other party’s explicit sign off). this idea is used extensively in lightning to ensure funds end up in agreed upon places
Published at
2024-10-07 06:54:53Event JSON
{
"id": "cb5d3df5053760243c6122483424089248465e0946ff3d845908701b1aaaf4b6",
"pubkey": "cbc5ef6b01cbd1ffa2cb95a954f04c385a936c1a86e1bb9ccdf2cf0f4ebeaccb",
"created_at": 1728284093,
"kind": 1,
"tags": [
[
"e",
"47ecb15f2a542c066ca7bd2b9137d96410ebc1d0d718f0279bb7b11cff287058",
"",
"root"
],
[
"e",
"b03c6a5c8de797c8fe0ac89d610896b5d06b1e15c998c1b2421702ecf13db0ef",
"",
"reply"
],
[
"p",
"66c292bee0a69c221aebd2f288ffe1efaa3163217161c9539337e2b0dd55136a"
],
[
"p",
"70831a9d737ba963654ea7770429fe2b8b1feae093e797538816c2c1e96e411f"
]
],
"content": "it’s easy to spot this kind of behavior— if you’re providing the bitcoin address to send funds to you can have confidence that your funds are unencumbered\n\nthe usual argument is that you can do what you describe today merely by making all funds require a signature from another party (you can’t spend them w/o the other party’s explicit sign off). this idea is used extensively in lightning to ensure funds end up in agreed upon places",
"sig": "9e786585956d5b7156a0fbf4f5b017fe050d1999246dd222ae85a2f1bd3010785fb0e8c73cdd6909812833a63e5818120831c91dd6f353418fe552a0abbc7358"
}
