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    Author Topic: Feature request : signing a text with a wallet key  (Read 7506 times)
    grondilu (OP)
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    December 21, 2010, 03:54:01 AM
     #41

    I've just realised that proving you own a particular address is actually not very difficult, even with the current bitcoin client.


    Say Alice wants to prove Bob that she owns the bitcoin addres $addr

    All she has to do is to send a certain amount of bitcoin to this address.  This amount has to be high enough to convince Bob that it wasn't lost, and it has to have some entropy (so that it can be used to prove that it comes from Alice).

    So Alice tells Bob :

    A: ok, give me a high enough amount, with a few decimal numbers.
    B: hum, let's say pi :   3.14159264
    A: wait a sec...
    (Alice runs "bitcoind sendtoaddress $addr 3.14159264")
    A: here you go, check out the following transaction :  http://bitcoinexplorer.com/q/transaction/...
    B: fine, I guess you wouldn't accept to lose 3.14159264 bitcoins just to fool me.  So I beleive you own this address.

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