THELOGICALINDIAN - Decentralized Authentication Chew on that for a bit But why is it bare Heres what Bitpaysaid about this
But how? How is a decentralized affidavit arrangement possible? Inspired by the aforementioned elliptic-curve cryptography as Bitcoin, Bitpay proposes to use SIN, or arrangement identification number. Originally proposed by Jeff Garzik, Bitcoin Core Developer, SIN is advised to be a absolutely decentralized, anonymous, defended identity. SIN additionally has the afterward features:
On top of these, there is the adventitious for two SIN’s, type-1 and type-2.
Type-1, additionally accepted as a assiduous SIN, is added of a deficient SIN carefully costing a lot to avert spam and validation, aloof like Bitcoins.
Type -2, additionally accepted as ephemeral SIN, acts added like Bitcoin addresses, which is area the disposable affection comes from.
Note this is all a proposal, but actuality is how Bitpay would do it:
This arrangement would accommodate abundant allowances listed below:
As of now, Bitpay has a Github (see below) area bodies can analysis out the new affidavit system. It’s alone applicable that if we are ambidextrous with decentralized currency, the aegis that handles it is decentralized as well.
Source: http://blog.bitpay.com/2014/07/01/bitauth-for-decentralized-authentication.html
Github: https://github.com/bitpay/bitauth
Photo Source: Bing Images and Microsoft Paint (editing)
