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Author Topic: Tapping Bitcoin With Ham Radio  (Read 1987 times)
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KE5YTV
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« on: June 28, 2019, 07:17:45 PM »

I came across this article about people tapping into bitcoin using ham radio.

https://www.wired.com/story/cypherpunks-bitcoin-ham-radio/?mbid=synd_digg&utm_source=digg&utm_medium=email
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Mike
KE5YTV  Dallas, TX
"The longest trip begins with a stop at the ATM."
Carl WA1KPD
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« Reply #1 on: June 28, 2019, 08:11:26 PM »

It was simply a POC demo, not a viblre teechnology

https://www.wired.com/story/cypherpunks-bitcoin-ham-radio/?mbid=synd_digg&utm_source=digg&utm_medium=email

"In truth, there are restrictions aplenty when it comes to sending bitcoin by radio.

First off, legalities. To stay on the right side of the law, some countries require you to be a licensed ham operator, and even then you’re unable to send any encrypted messages or use the airwaves for commercial purposes unless so licensed. At this point, it’s not yet clear which governmental task force will join the SEC and co in clamping down on illegal apocalyptic bitcoin-via-radio transactions.

Since legal restriction is the mother of all invention, Novak and Patterson circumvented this by broadcasting their experimental, non-commercial wallet encryption sendoff via public cypher.

Then there’s prepping it all. For this to be a viable – albeit last resort – solution in an actual nail-bite situation, sender and receiver would have to set it all up in advance. Novak and Patterson were able to execute their experiment by communicating and collaborating in lieu of the transfer"
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Carl

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« Reply #2 on: June 28, 2019, 09:34:01 PM »

Brian Goss: A man on the technological cutting-edge of the Apocalypse. Roll Eyes
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Patrick J. / KD5OEI
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« Reply #3 on: June 30, 2019, 08:42:32 PM »

Having been in BTC since the personal mining days, all I can say is that if you transmit it to the wrong address, and it's a valid address, it's gone forever. For this reasons, large transactions are often preceded by a small one to test the addresses.

Any radio+terminal channel with tcp/ip, rated for record traffic, will do if the wallet is locally stored on the computer and it has no other connection. Wallets and other files would be moved by sneakernet from/to internet-connected equipment or humans.
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