Decentralized Trusted Timestamping On The Blockchain
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Decentralized Trusted Timestamping On The Blockchain
Trusted timestamping is the process of securely keeping track of the creation and modification time of a document. Security here means that no one—not even the owner of the document—should be able to change it once it has been recorded provided that the timestamper's integrity is never compromised. The administrative aspect involves setting up a publicly available, trusted timestamp management infrastructure to collect, process and renew timestamps. History The idea of timestamping information is centuries old. For example, when Robert Hooke discovered Hooke's law in 1660, he did not want to publish it yet, but wanted to be able to claim priority. So he published the anagram ''ceiiinosssttuv'' and later published the translation ''ut tensio sic vis'' (Latin for "as is the extension, so is the force"). Similarly, Galileo first published his discovery of the phases of Venus in the anagram form. Sir Isaac Newton, in responding to questions from Leibniz in a letter in 1677, co ...
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Computer Security
Computer security (also cybersecurity, digital security, or information technology (IT) security) is a subdiscipline within the field of information security. It consists of the protection of computer software, systems and computer network, networks from Threat (security), threats that can lead to unauthorized information disclosure, theft or damage to computer hardware, hardware, software, or Data (computing), data, as well as from the disruption or misdirection of the Service (economics), services they provide. The significance of the field stems from the expanded reliance on computer systems, the Internet, and wireless network standards. Its importance is further amplified by the growth of smart devices, including smartphones, televisions, and the various devices that constitute the Internet of things (IoT). Cybersecurity has emerged as one of the most significant new challenges facing the contemporary world, due to both the complexity of information systems and the societi ...
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Timestamp
A timestamp is a sequence of characters or encoded information identifying when a certain event occurred, usually giving date and time of day, sometimes accurate to a small fraction of a second. Timestamps do not have to be based on some absolute notion of time, however. They can have any epoch, can be relative to any arbitrary time, such as the power-on time of a system, or to some arbitrary time in the past. A distinction is sometimes made between the terms datestamp, timestamp and date-timestamp: * Datestamp or DS: A date, for example -- according to ISO 8601 * Timestamp or TS: A time of day, for example :: using 24-hour clock * Date-timestamp or DTS: Date and time, for example --, :: History The term "timestamp" derives from rubber stamps used in offices to stamp the current date, and sometimes time, in ink on paper documents, to record when the document was received. Common examples of this type of timestamp are a postmark on a letter or the "in" and "out" times on a ...
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Bitcoin
Bitcoin (abbreviation: BTC; Currency symbol, sign: â‚¿) is the first Decentralized application, decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 when an unknown entity published a white paper under the pseudonym of Satoshi Nakamoto. Use of bitcoin as a currency began in 2009, with the release of its open-source software, open-source implementation. In 2021, Bitcoin in El Salvador, El Salvador adopted it as legal tender. It is mostly seen as an investment and has been described by some scholars as an economic bubble. As bitcoin is pseudonymous, Cryptocurrency and crime, its use by criminals has attracted the attention of regulators, leading to Legality of cryptocurrency by country or territory, its ban by several countries . Bitcoin works through the collaboration of computers, each of which acts as a Node (networking), node in the peer-to-peer bitcoin network. Each node maintains an independent copy of a public distributed ledger of ...
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Cryptocurrency
A cryptocurrency (colloquially crypto) is a digital currency designed to work through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it. Individual coin ownership records are stored in a digital ledger or blockchain, which is a computerized database that uses a consensus mechanism to secure transaction records, control the creation of additional coins, and verify the transfer of coin ownership. The two most common consensus mechanisms are proof of work and proof of stake. Despite the name, which has come to describe many of the fungible blockchain tokens that have been created, cryptocurrencies are not considered to be currencies in the traditional sense, and varying legal treatments have been applied to them in various jurisdictions, including classification as commodities, securities, and currencies. Cryptocurrencies are generally viewed as a distinct asset class in practice. The first cryptocu ...
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Cryptographic Hash Function
A cryptographic hash function (CHF) is a hash algorithm (a map (mathematics), map of an arbitrary binary string to a binary string with a fixed size of n bits) that has special properties desirable for a cryptography, cryptographic application: * the probability of a particular n-bit output result (hash value) for a random input string ("message") is 2^ (as for any good hash), so the hash value can be used as a representative of the message; * finding an input string that matches a given hash value (a ''pre-image'') is infeasible, ''assuming all input strings are equally likely.'' The ''resistance'' to such search is quantified as security strength: a cryptographic hash with n bits of hash value is expected to have a ''preimage resistance'' strength of n bits, unless the space of possible input values is significantly smaller than 2^ (a practical example can be found in ); * a ''second preimage'' resistance strength, with the same expectations, refers to a similar problem of f ...
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Checking Timestamp
Check or cheque, may refer to: Places * Check, Virginia Arts, entertainment, and media * ''Check'' (film), a 2021 Indian Telugu-language film * "The Check" (''The Amazing World of Gumball''), a 2015 episode of ''The Amazing World of Gumball'' * '' The Checks'' (episode), a 1996 TV episode of ''Seinfeld'' Games and sports * Check (chess), a threat to capture the king or general * Check (poker), declining to bet * Checking (ice hockey), several techniques * Casino chip, less commonly referred to as a check Music * ''The Checks'' (band), a New Zealand band * "Check" (Meek Mill song), 2015 * "Check" (Young Thug song), 2015 * "Check", a song by bbno$, 2025 * "Check", a song by Chris Janson from '' Real Friends'', 2019 * "Check", a song by E-40 from '' The D-Boy Diary: Book 1'', 2016 * "Check", a song by Flo from '' Access All Areas'', 2024 * "Check", a song by Kojo Funds featuring Raye from ''Golden Boy'', 2018 * "Check", a song by Lil Durk from '' Lil Durk 2X'', 2016 * "Check ...
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One Way Function
In computer science, a one-way function is a function that is easy to compute on every input, but hard to invert given the image of a random input. Here, "easy" and "hard" are to be understood in the sense of computational complexity theory, specifically the theory of polynomial time problems. This has nothing to do with whether the function is one-to-one; finding any one input with the desired image is considered a successful inversion. (See , below.) The existence of such one-way functions is still an open conjecture. Their existence would prove that the complexity classes P and NP are not equal, thus resolving the foremost unsolved question of theoretical computer science.Oded Goldreich (2001). Foundations of Cryptography: Volume 1, Basic Toolsdraft availablefrom author's site). Cambridge University Press. . See als The converse is not known to be true, i.e. the existence of a proof that P â‰  NP would not directly imply the existence of one-way functions. In ap ...
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Hash Function
A hash function is any Function (mathematics), function that can be used to map data (computing), data of arbitrary size to fixed-size values, though there are some hash functions that support variable-length output. The values returned by a hash function are called ''hash values'', ''hash codes'', (''hash/message'') ''digests'', or simply ''hashes''. The values are usually used to index a fixed-size table called a ''hash table''. Use of a hash function to index a hash table is called ''hashing'' or ''scatter-storage addressing''. Hash functions and their associated hash tables are used in data storage and retrieval applications to access data in a small and nearly constant time per retrieval. They require an amount of storage space only fractionally greater than the total space required for the data or records themselves. Hashing is a computationally- and storage-space-efficient form of data access that avoids the non-constant access time of ordered and unordered lists and s ...
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Private Key
Public-key cryptography, or asymmetric cryptography, is the field of cryptographic systems that use pairs of related keys. Each key pair consists of a public key and a corresponding private key. Key pairs are generated with cryptographic algorithms based on mathematical problems termed one-way functions. Security of public-key cryptography depends on keeping the private key secret; the public key can be openly distributed without compromising security. There are many kinds of public-key cryptosystems, with different security goals, including digital signature, Diffie–Hellman key exchange, public-key key encapsulation, and public-key encryption. Public key algorithms are fundamental security primitives in modern cryptosystems, including applications and protocols that offer assurance of the confidentiality and authenticity of electronic communications and data storage. They underpin numerous Internet standards, such as Transport Layer Security (TLS), SSH, S/MIME, and P ...
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Hash Functions
A hash function is any function that can be used to map data of arbitrary size to fixed-size values, though there are some hash functions that support variable-length output. The values returned by a hash function are called ''hash values'', ''hash codes'', (''hash/message'') ''digests'', or simply ''hashes''. The values are usually used to index a fixed-size table called a ''hash table''. Use of a hash function to index a hash table is called ''hashing'' or ''scatter-storage addressing''. Hash functions and their associated hash tables are used in data storage and retrieval applications to access data in a small and nearly constant time per retrieval. They require an amount of storage space only fractionally greater than the total space required for the data or records themselves. Hashing is a computationally- and storage-space-efficient form of data access that avoids the non-constant access time of ordered and unordered lists and structured trees, and the often-exponentia ...
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Regulatory Compliance
In general, compliance means conforming to a rule, such as a specification, policy, standard or law. Compliance has traditionally been explained by reference to deterrence theory, according to which punishing a behavior will decrease the violations both by the wrongdoer (specific deterrence) and by others (general deterrence). This view has been supported by economic theory, which has framed punishment in terms of costs and has explained compliance in terms of a cost-benefit equilibrium (Becker 1968). However, psychological research on motivation provides an alternative view: granting rewards (Deci, Koestner and Ryan, 1999) or imposing fines (Gneezy Rustichini 2000) for a certain behavior is a form of extrinsic motivation that weakens intrinsic motivation and ultimately undermines compliance. Regulatory compliance describes the goal that organizations aspire to achieve in their efforts to ensure that they are aware of and take steps to comply with relevant laws, policies, an ...
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