[Cryptography] Robust Linked Timestamps without Proof of Work.

[Peter Todd]

On Sat, Aug 20, 2016 at 04:03:31PM -0400, Phillip Hallam-Baker wrote:
> On Sat, Aug 20, 2016 at 3:12 PM, Ray Dillinger <bear at sonic.net> wrote:
> ​Like it or not, the fact is that the WebPKI is deployed and meets the
> intended design goal. The CA model has not failed, it has outperformed its
> expectations.​
> 
> 
> ​What has not worked is that the WebPKI worked so well initially that the
> browser providers decided it was expedient and acceptable to fudge
> revocation.
> 
> ​In comparison, BitCoin exchanges seem to be being breached for millions or
> hundreds of millions of dollars on a regular basis. ​
> 
> ​I don't see how any impartial observer can call the WebPKI a failure and
> BitCoin a success.

WebPKI is not a payment system; Bitcoin is.

Why are you conflating these two completely different goals?

-- 
https://petertodd.org 'peter'[:-1]@petertodd.org
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