[Cryptography] Keeping Malware from Using Security Hardware

Chris Frey cdfrey at foursquare.net
Tue Mar 18 12:08:08 EDT 2025


On Mon, Mar 17, 2025 at 09:57:24AM +0000, iang via cryptography wrote:
> In short (and this was the literal analysis of EOS, being a blockchain
> for business) my claim is that you cannot do business unless you can
> hold the counterparty to account for eg debts incurred unfairly. And
> the test of that is - how do you take someone to dispute resolution?
> 
> And technically, that means being able to halt transactions, pending
> resolution. So I concur, lack of disputable transactions is a design flaw,
> if you're intending the chain to do business.

People, please. :-)

This has nothing to do with the payment system.  If I pay cash
at the local variety store for a packet of crisps and they turn out
to be moldy, I go back for a refund.  There is nothing in cash itself
that enforces a refund, yet we get along just fine without it.

You take someone to dispute resolution with the evidence you have:
the receipt, the packet of crisps, and your testimony of what happened.
If cash was used, that's all.  If Bitcoin was used, you have the
ledger transaction to show too.  What more do you need?

- Chris



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