[Cryptography] In the latest unexpected ransomware twist ...
Peter Fairbrother
peter at tsto.co.uk
Mon Jun 21 03:32:57 EDT 2021
On 19/06/2021 17:51, Florian Weimer wrote:
> My understanding of Bitcoin is somewhat limited, but I think Bitcoin
> tokens aren't fungible.
They are sort-of fungible - the bitcoins themselves in the wallets are
fungible, the wallets aren't. If you mix up bitcoins from several
sources in a single wallet then you can't tell which bitcoins are which
- in fact bitcoins do not have an individual identity as such, just
"there are 4.2 bitcoins in wallet x".
They are tied to the history that proves
> their validity. Once that history is tainted, the tokens could be
> subject to forfeiture.
By mixing them up you can, maybe, disguise their history - but in
practice that is not easy to do.
> I expect that pretty much anyone accepting Bitcoin will soon be
> required to check against lists of coins
No such thing - lists of wallets, maybe, but there are no lists of
coins, and there can't be any.
Peter Fairbrother
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