Re: [ltans] Harber and Stornetta expiry

todd glassey <tglassey@earthlink.net> Mon, 18 July 2011 17:31 UTC

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Date: Mon, 18 Jul 2011 10:32:09 -0700
From: todd glassey <tglassey@earthlink.net>
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Subject: Re: [ltans] Harber and Stornetta expiry
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On 7/18/2011 5:07 AM, Phillip Hallam-Baker wrote:
>
>
> On Mon, Jul 18, 2011 at 6:05 AM, Peter Sylvester 
> <peter.sylvester@edelweb.fr <mailto:peter.sylvester@edelweb.fr>> wrote:
>
>     The purpose of hash linking schemes is to link time stamps
>     together and
>     to be able to verify them without the need of any cryptographic key
>     which have the tendency to have their secrecy evaporate.
>
>
> Its not the secrecy that worries me, its the ability to state with 
> confidence that the TSA will be around after the commercial incentive 
> is gone.
>
> Its pretty easy to build a business case to support a registry of 
> digital signatures on mortgage notes to last 30-50 odd years. There is 
> a lot of money at stake and there will always be someone collecting on 
> the note.
>
> The problem is that we only have this type of business models for a 
> small number of signatures and they are pretty boring applications. 
> That still leaves open the question of how we make digital libraries 
> as authentic and trustworthy as paper ones used to be.
>
> Print is dead. In 100 years time nobody will be printing books other 
> than for religious or sentimental reasons. People can argue about 
> whether that should happen but it is very clear that it will happen.
>
> A couple of years ago GM went bankrupt. A couple of weeks ago the 
> worlds largest circulation tabloid went out of business despite robust 
> profits. How can we say with confidence that a TSA is going to be 
> around in 100 years time?

By making it a government service so it is not tied to the marketspace...

Why do you think Certichron does what it does - by the way - we just 
opened the 10th NIST Server we operate!

Todd

>
> -- 
> Website: http://hallambaker.com/
>
>
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Todd S. Glassey
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