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Re:How we overcame the security flaws of performing REST API... by joncalhoun on Monday March 17, 2014 @11:14PM (#7419828)
I believe Keen.io does something very similar to this as well. iirc they use hashed API keys with some user ID in order to show user specific metrics.

I always thought there approach was interesting. Kudos for coming up with something very similar.

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