Post
Topic
Board Bitcoin Discussion
Re: Proof of ownership or proof of reserve for individuals/companies
by
un_rank
on 03/07/2024, 16:08:41 UTC
This platform would allow any bitcoin users to “prove” to anyone that he actually owns some bitcoin. Of course, I know you can ask anyone to sign messages with keys and all but it’s not easy to understand/do for someone who is not into Bitcoin (especially banks).
They could do a bit of research and educate themselves. Understanding how to sign/verify a message is not hardwork, is totally free, and the key here is verify, instead of trusting what another party says.

I was thinking of creating a platform where a user could declare its bitcoin address, the platform challenges the user to verify its claim and edit a certificate that could be “trusted” by third parties like banks.
Will editing a certificate involve a process other than a signed message? How do you plan to verify who an address belongs to?

- Jay -