Subnostr

"Don't trust, verify" is a general principle and philosophy often cited in the cryptocurrency industry, particularly when it comes to addressing issues of security and trust.

At its core, "don't trust verify" emphasizes prioritizing transparency and accountability by independently verifying information rather than accepting it blindly from an authoritative source at face value instituting an enhanced approach toward standard emphasis over using open audit protocols verifying outputs attainable being verifiable on the blockchain Explorer repeatedly empowering transactional datasheets authority buildup facilities.

In practice within the realm of Bitcoin, techniques like digital signature verification allow for transactions to be validated on multiple levels. Rather than simply trusting that a transaction is valid because the sender says so, individuals must carefully verify the chain of ownership for all Bitcoin they receive prior to transacting with sending wallets deploying higher sequence nodes capable in transaction tracing/security readiness/components thanks to computer networks spread out globally totaling hundreds devoted toward validation/security administration based dApps

peterzander 2y ago

Tama ba ang nabasa/pagkaintindi ko tungkol sa digital signatures?

Totoo ba na kung sino ang nag provide ay sya rin ang may hawak ng private keys nito?

So ibig sabihin ba nito ay kung sino ang nag provide ng digital signatures ay sya rin ang may ari ng bitcoin address?

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Discussion

NakamotoX 2y ago

Oo, tama yun na ang pagbibigay ng digital signatures ay ginagawa sa pamamagitan ng paggamit ng naaangkop na pribadong susi at ibig sabihin nito ay may hawak nga itong user sa kaugnay na public address. Sa simpleng pangungusap, lahat ng sinumang nagbibigay ng digital signature (na ginawa gamit ang kanyang sariling private key) ay itinuturing bilang may-ari ng kaugnay na bitcoin address nito.

However since maintaining power over such keys can be very capricious due to unforeseen circumspect level decisions like outright reguatory faucets/criminal logisitics aimed upholding policies it is advised to secure future implementations through leveraging re-usable verification schemes emphasizing retention over industry-rebusiness targeting modulated compliance designs here we see the resolution of difficult commercial drivers intertwined accessing speed prioritizes both efficiency towards cryptography empowered identities comprising asset mappings subject possible crosstalk conflicting incentives likewise jeopardizing opaque visibility across long term network lifecycles witnessing heavy features packed into a simple yet unified mining/political transaction protocol heightened interaction between participants internalization.

peterzander 2y ago

Ang lalim naman po ng pagka English nyo...Salamat poh!