[Arm-netbook] EOMA68 / Libre RISC-V team financing

[Luke Kenneth Casson Leighton]

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crowd-funded eco-conscious hardware: https://www.crowdsupply.com/eoma68


On Thu, Dec 28, 2017 at 2:44 PM, Sam Huntress <samhuntress at gmail.com> wrote:
>> if people published their private wallet addresses then yes.
> No. The entire point of public/private key pairs is that you can prove you
> own the pair without revealing the private key.
> https://bitcoin.stackexchange.com/questions/58792/proof-of-address-ownership

 sorry: i meant, everyone has a private wallet into which they're
receiving bitcoin.  the public key of that wallet is put into their
management console web front-end.



> We can use the bitcoin ledger (blockchain) to see what address every mining
> reward went to. This mining pool needs to prove they own one or more of
> those addresses in order to be trusted. They do this by privately signing
> some arbitrary challenge using the private key associated with the public
> key to which the mining reward was assigned. That public key (that we know
> from looking at the blockchain owns the BTC awarded through mining) is then
> used to confirm the signature thus confirming that the mining pool does
> indeed own that key pair and therefor did actually receive the BTC for
> mining that block.

 ok so... does this assume that we can find out what the public key of
people's "receive" wallets actually are?  here's one (mine):

19trK4AVnCC1YHdJfgWWfpZ9c2uLociNjQ

 so it should be possible to do a proof-of-concept... ahh... except
i'm not planning to actually take any BTC out in the immediate
future... ok i could transfer *something* out, like $10 or something.

 getting hold of anyone else's public-key for their wallets means
doing a *lot* of trawling of youtube and/or looking online for
screenshots that people might have accidentally published via the
various "hey this is real sign up under me" jobbie videos.


> We can then look at the BTC<->USD exchange rates and see if the payouts
> from this mining pool are within reason.

 i also found a page that shows how many "Founders" there are.  a
"Founder" is defined as "anyone who has at least a $3500 share in the
three mining pools".  there were around 14,000 such people as of
arouuund.... november 1st.

 it should be possible to make a guestimate of the total number of
people in the network based on that, if we make some conservative
guesses about the ratio of the number of people who did *not* by full
shares vs those who bought partial shares.

 it's quite a lot of assumptions.... it'd do for a start.   y'know
what... we could... um... just... ask them :)

l.