Topic: Second Layer Platform Providing Security for the BTC Network. What do you think? (Read 167 times)
April 06, 2020, 11:43:31 AM
you need to first explain how you think you can achieve any of the things you listed here in a "decentralized" way as you claim. as others mentioned, it is not possible to not be centralized when doing any of them. so if you have some solution that you think is helping you achieve that then start discussing about that instead of being vague.
April 06, 2020, 10:37:15 AM
We cannot describe these solutions as Second Layer, but rather a third party that provides protection services to network users, as such solutions cannot be adopted by the network as a whole.
For example, two-factor authentication requires a third party. prevent scam: you need a trusted third party that knows who is a scam, and then control the course of the coins and return it to the user.
secure asset storage: You need to keep your wallet seed or the private key. A piece of paper is capable of doing that, but there are techniques that enhance safety.
For example, two-factor authentication requires a third party. prevent scam: you need a trusted third party that knows who is a scam, and then control the course of the coins and return it to the user.
secure asset storage: You need to keep your wallet seed or the private key. A piece of paper is capable of doing that, but there are techniques that enhance safety.
April 04, 2020, 11:31:47 PM
Support for "Decentralized" two-factor authentication,
2FA is centralized by design (rely on a third party server to create a matching key and check it with you).Quote
secure asset storage,
that is NOT decentralized at all.Quote
address blacklisting and whitelisting,
there are no such things as black-listing or white-listing an address. addresses are one time use tokens that could be thrown away and replaced by another. and again this is centralized because YOU are deciding which address is good or bad! 
April 03, 2020, 04:18:35 PM
I doubt what you are trying to do can be achieved really in a decentralized way.
For example, address black/whitelisting could be done with a Web of Trust. But traditional webs of trust are vulnerable to sybil attacks.
You could try to use a system similar to DPOS, where voted delegates do all tasks which require trust. But these systems have their own problems. They can evolve into "mafia-like" structures. And even then: how do the delegates select between valid and invalid requests? How can they detect scammers? They would have to run a complex decision-making and security infrastructure, just like current traditional web services do. If the tasks are for Bitcoin miners, then the same applies to them. So a Bitcoin (or whatever) blockchain would not be really necessary for this kind of service.
I however don't know if these things are totally impossible (it would actually be cool if it wasn't) so please provide some more detail how you plan to implement your "layer" - at least a hint.
For example, address black/whitelisting could be done with a Web of Trust. But traditional webs of trust are vulnerable to sybil attacks.
You could try to use a system similar to DPOS, where voted delegates do all tasks which require trust. But these systems have their own problems. They can evolve into "mafia-like" structures. And even then: how do the delegates select between valid and invalid requests? How can they detect scammers? They would have to run a complex decision-making and security infrastructure, just like current traditional web services do. If the tasks are for Bitcoin miners, then the same applies to them. So a Bitcoin (or whatever) blockchain would not be really necessary for this kind of service.
I however don't know if these things are totally impossible (it would actually be cool if it wasn't) so please provide some more detail how you plan to implement your "layer" - at least a hint.
April 03, 2020, 03:15:27 PM
Hello, Guys.
What do you think of a second layer platform providing security services for the BTC network?
Support for "Decentralized" two-factor authentication, fraud prevention, secure asset storage,
blockchain analysis, address blacklisting and whitelisting, anti-phishing capabilities, and more.
Would you support something like this? Please give me your thoughts.
What do you think of a second layer platform providing security services for the BTC network?
Support for "Decentralized" two-factor authentication, fraud prevention, secure asset storage,
blockchain analysis, address blacklisting and whitelisting, anti-phishing capabilities, and more.
Would you support something like this? Please give me your thoughts.
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