Re:Show HN: The Bitcoin Note – Secure, Self-Custodial Bitcoi...
by jussaying2 on Tuesday June 07, 2022 @09:37PM
(#31662266)
Congratulations, you've just invented cash!
Re:Show HN: The Bitcoin Note – Secure, Self-Custodial Bitcoi...
by ccamrobertson on Tuesday June 07, 2022 @11:27PM
(#31662845)
Depending on where in the lifecycle the note is, it's either a 2-of-2 multisig transaction or 1-of-2 multisig transaction, using only the user key in the latter case.
I feel ridiculous in taking this seriously, but it’s got me curious.
One thing that people seem to be missing: you could take the note, pay for something, then that person pays for something else and so on down the line until a person cuts the note to put it in their wallet for online use. That seems to sufficiently anonymize the transactions again, but maybe I’m wrong.
I do like the graphic design though.