Post
Topic
Board Development & Technical Discussion
Re: A more decentralized blockchain technology than Bitcoin
by
yingyush55
on 01/04/2023, 00:31:32 UTC

Through face recognition technology, each person can only generate one node, a private key, and a public key.
By setting an upper limit on the computing power of each miner, it is possible to mine on a mobile phone without consuming too much computing power.
If we are interested, we can design such blockchain technology to run on mobile phones together.

I can find your face by just looking up your social media account, mean while can you discover the scalar that leads to these coordinates when multiplied by the secp256k1 curve Generator? :

x: 83260022149314607220299798889850163602723925708954433956645823190147746092229
y: 32501403673747823353314855720543420818188361784787882868346931239726724853713

If not I believe bitcoin is much more sound than your facial recognition scheme, do you want someone trying to cut your face off to access your funds? Is that better than protecting against data breaches really?
Stealing my facial images or videos cannot be obtained through face recognition, just as you cannot use photos or videos to recognize faces on your phone. A face can generate a corresponding string of codes, but this code cannot infer what a person looks like.

Not to mention that a government authority would then have the REASON to strap you down to a chair, peel your eyes open, and make you stand still while they scan your face to extract blockchain data. This is a terrifying idea.
The government has tied me to a chair and left me standing with my eyes open, unable to scan my face and extract my blockchain data. What is the difference between tying my body directly and asking me for my bank card password? If this is a security risk, then you know that your bank card password also has the same problem.

You are now just being delusional, if the government does that very thing to you they WOULD be able to access all your blockchain secrets immediately (assuming people actually used your insane face id chain) it would be trivial as THEY NOW HAVE COMPLETE ACCESS TO YOUR ENTIRE REAL FACE AND HEAD.

As for how is this a bigger security risk than a bank? It is just as insecure as a bank, BITCOIN is way more secure than this scheme because private keys can be stored OFF OF YOUR BODY.
The government can force me to perform the facial actions required for face recognition, and similarly, it can force me to say the bank card number and password, or the private key of Bitcoin. In terms of absolute power, no encryption technology will work. Bitcoin is not stored outside of my body, it is also stored in my brain.

I dont believe you or anyone truly remembers their private key if its any good, the real security of a private key comes from the discrete log problem and opting in to remembering it is your way of attaching a biological security vulnerability to it. There is nothing in bitcoin core that forces you to memorize your private key, its 100% optional.
Although I cannot remember the number of the private key, I can remember the specific location where the private key password is stored