The funny thing here is that if someone makes a Datacoin transaction, this is under malleability risk.
But if someone makes a ByteStamp Digital Asset transaction, it is safe. Because all the transaction is written in the data field.
So, even if ByteStamp Digital Asset are built on top of Datacoin Blockchain, they do not suffer of malleability...
But with bytestamp digital asset, only bytestamp can read it properly right ?
Obviously no.
Everyone can read from the Datacoin Blockchain what ByteStamp wrote.
For example, in this transaction:
http://www.bytestamp.net/blocks/qtx/it/117028ad262a310a2a9a5b7f35986a264b0f8656cf1fc72715fdcd54605effab
There is a ByteStamp Asset Transaction.
If you click on
This transaction contain an asset. Click here to see details
you can see the transaction written in the Datacoin blockchain.
The ByteStamp Digital Asset is a blockchain based on another blockchain, that is Datacoin.
With ByteStamp Digital Asset you can transfer the ownership of any file from an address to another, just as you transfer bitcoins or datacoins.
So in the transaction above everyone can read that the file with unique MD5 d1ca8667d0c78667134792184952a174 (that you can see here: http://www.bytestamp.net/docs/qdoc/it/d1ca8667d0c78667134792184952a174) was transferred from the Bitcoin address 19xCJaij9kTzXauwTwXrZs2n83Asx8mQf2 to the Datacoin Address DQcqKyPK1j1AXQZkxiBT5EmKb4Lyvkiws9
Everyone can verify that the signature of this transfer is valid and was put by the previous owner, ie the Bitcoin address 19xCJaij9kTzXauwTwXrZs2n83Asx8mQf2. And everyone can verify that the previous owner was entitled by the previous transaction, that is here: http://www.bytestamp.net/blocks/qtx/it/b85cfe409cba30ce58976f8bab60cf17e1f59ccc25abc383608f21bd9dce0e26
If you go at bottom of the page that opens when you click on
This transaction contain an asset. Click here to see details
there is all the explanation of the transaction asset.
For years, ByteStamp was the sole Datacoin Block Explorer.
But now there is another.
So, if you don't trust ByteStamp, you can check the same transaction from another Datacoin Block Explorer:
https://chainz.cryptoid.info/dtc/tx.dws?117028ad262a310a2a9a5b7f35986a264b0f8656cf1fc72715fdcd54605effab.htm
Please click on raw transaction.
Then copy the data field in a file and then decode it. It is Base64, as all Datacoin data field.
And obviously if you don't trust everyone, you can always check by you.
You have to install the Datacoin wallet and download the transaction 117028ad262a310a2a9a5b7f35986a264b0f8656cf1fc72715fdcd54605effab
Then decode it and read the output.
If you have linux:
Code:
datacoin-cli getdata 117028ad262a310a2a9a5b7f35986a264b0f8656cf1fc72715fdcd54605effab > ByteStampDigitalAsset.b64
base64 -d ByteStampDigitalAsset.b64 >> ByteStampDigitalAsset.txt
cat ByteStampDigitalAsset.txt
Here is the procedure to create a new ByteStamp Digital Asset: https://bitcointalk.org/index.php?topic=2188160.msg22781150#msg22781150
ByteStamp Digital Assets can also be used to write something bound to the blockchain, and then prove that you wrote that sentence.
If you go here
https://www.bytestamp.net/docs/qdoc/it/821d726041f0a78c4020ac7cb8c5277b
you can see a post made in this way. It is in reply to another post, as you see. The post is in Italian, sorry.
Thank You for your interest in ByteStamp!