FAQ

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