BIP 0015
Work In Progress
BIP: 15 Title: BIP Alias Author: Amir Taaki <genjix@riseup.net> Status: Draft Type: Standards Track Created: 10-12-2011
Using vanilla bitcoin, to send funds to a destination, an address in the form 1Hd44nkJfNAcPJeZyrGC5sKJS1TzgmCTjjZ is needed. The problem with using addresses is they are not easy to remember. An analogy can be thought if one were required to enter the IP address of their favourite websites if domain names did not exist.
This document aims to layout through careful argument, a bitcoin alias system. This is a big modification to the protocol that is not easily changed in the future and has big ramifications. There is impetus in getting it correct the first time. Aliases have to be robust and secure.
Schemes
Here are a few different proposals and the properties of each system.
Firstbits
- firstbits / brmlab example - socket based - dns records (needs dnssec) - https web service