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Timo Hanke edited this page Feb 6, 2013 · 1 revision

FAQ

How does this relate to firstbits?

The concept is an extension of firstbits that allows:

  • arbitrary alias names, does not require to vanitygen the alias
  • various payment methods (multisigs, pay-to-contract) instead of just one static address
  • revokation and updates possible (updates by a future extension, to be defined)
  • certificates allow for many additional use-cases

Differences to firstbits:

  • lookup and verification requires only UTXO set

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