News for hackers. Stuff that matters.
Re:Panama unveils bill to make Bitcoin legal tender by chii on Thursday September 09, 2021 @05:06AM (#28467768)
Create a million accounts, each spread out in a grid around the world. Then, as soon as a claimable geolocation appears, you use the closest to claim it!
Re:Panama unveils bill to make Bitcoin legal tender by jazzyjackson on Thursday September 09, 2021 @05:12AM (#28467796)
Aha, they have no verification or captcha even for creating accounts. I’m sure its already being done.
Re:Panama unveils bill to make Bitcoin legal tender by tomtomistaken on Thursday September 09, 2021 @05:10AM (#28467792)
That is why developing proof-of-location is important.
Re:Panama unveils bill to make Bitcoin legal tender by jazzyjackson on Thursday September 09, 2021 @05:23AM (#28467856)
what’s the state of the art? I always imagined you could just have some random number generator sunk into concrete somewhere and do kind of like the authenticator apps do: turn the crank on the RNG to produce the next key. except instead of having 30 seconds to type it in, your phone would have like .3 milliseconds to communicate that to the geo-beacon to prove that you’re nearby, then the geobeacon can sign your attestation and you can use that proof however you want