Re:Sleeping beauty Bitcoin wallets wake up after 14 years to...
by FabHK on Saturday July 05, 2025 @07:36AM
(#44472016)
Not to mention the fact that you can hold Bitcoin trustlessly, and you can transfer it to someone else trustlessly, but then you have to trust that they send to you in return what they promised.
See Goharshady, Amir Kafshdar: Irrationality, Extortion, or Trusted Third-Parties: Why It Is Impossible to Buy and Sell Physical Goods Securely on the Blockchain. arXiv:2110.09857, arXiv, 19 Oct. 2021. arXiv.org, http://arxiv.org/abs/2110.09857.
Re:Sleeping beauty Bitcoin wallets wake up after 14 years to...
by PartiallyTyped on Saturday July 05, 2025 @08:07AM
(#44472192)
Thanks a lot for the link!
Reality is that you can’t bootstrap trust.