Post
Topic
Board Bitcoin Discussion
Re: Why Bitcoin Addresses Need to Go
by
deggen
on 09/07/2014, 16:37:18 UTC
I couldn't agree more. The sooner we figure out how to standardize the username to bitcoin address decentralized DNS type service, the better.

My concern with the idea at the moment is that when I copy-paste the address or QR scan it, I can see that it's the same string after a quick glance. Since transactions are irreversible, I like that I can check it really is going where I want it to. Any DNS type service would have to be extremely secure for me to risk using it. If you get a DNS screw up you're on the wrong website or get an error code - no big deal - but if you get a bitcoinDNS screwup, you just sent your money to some random person or into a bottomless pit.

DNS is so easily hacked, but there must be a way to make this idea work. I reckon as soon as someone nails it, the price will do it's next to-the-moon spike.

- Darren