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Is this being done or possible ?

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LittleShibe

Attaching a message to an individual coin/token and sending it to someone, Then person who receives token is able to read message.

Perhaps a password, Lets say I make a token on counterparty that someone can purchase then when they redeem it they receive a password token that would include the password attached.

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  • ltb4me

    Not that I'm aware of. I know you can add text to blockchain.info transactions, it's only viewable when looking at the transaction detail on blockchain.info's website. Coinbase lets you send messages as well with transactions, but again it's not recorded on the blockchain. I have been interested in this as well but haven't come across anything yet. I think one limitation is that actual text causes transaction to be much larger than a simple broadcast of a transaction.

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  • dpc

    @littleshibe Attaching a message to an individual coin/token and sending it to someone, Then person who receives token is able to read message.

    Perhaps a password, Lets say I make a token on counterparty that someone can purchase then when they redeem it they receive a password token that would include the password attached.

    Sort of. Let's say you make a 2 shibetokens. You could grant/limit access to something using those tokens in a couple of different ways. But both of those tokens would have the same access. So if you gave one shibetoken to me and another to your dog we would both have access to the same stuff. To give us separate levels of access we would need different token types, meaning a whole new asset (shibetoken & shibetoken2)

    You could also send a message with a transaction, but there are far easier and more secure ways to give a password out.

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  • CrimsonRoze

    @dpc

    @littleshibe Attaching a message to an individual coin/token and sending it to someone, Then person who receives token is able to read message.

    Perhaps a password, Lets say I make a token on counterparty that someone can purchase then when they redeem it they receive a password token that would include the password attached.

    Sort of. Let's say you make a 2 shibetokens. You could grant/limit access to something using those tokens in a couple of different ways. But both of those tokens would have the same access. So if you gave one shibetoken to me and another to your dog we would both have access to the same stuff. To give us separate levels of access we would need different token types, meaning a whole new asset (shibetoken & shibetoken2)

    Or different amounts. See TCV (Token Controlled Viewpoint) for reference. @Adam and the LTB nettwork is working on solutions like this.

    With regards to sending data on the bitcoin network: it is possible, but the data is public. If it is a one-time transfer you could encrypt it so that only the owner of the recipients public address can decrypt it, but it is not comfortable and both ends need to do non-standard things to get it to work.

    If the idea was to attach meta-data to tokens that is not private sensitive passwords then one could use technologies like Colored Coins.

    If someone else knows where to link to these things, feel free. (I'm at work and can't spend too much time digging atm.)

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  • shopnhowler

    @littleshibe Attaching a message to an individual coin/token and sending it to someone, Then person who receives token is able to read message.

    Perhaps a password, Lets say I make a token on counterparty that someone can purchase then when they redeem it they receive a password token that would include the password attached.

    This is intriguing but I'm a little confused. Is the purpose to do mass, secure messaging to specific people? Otherwise as @dpc mentioned, you would need a set of tokens for each different message.

    Also, why the password if you have the token?

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  • Hesham_3del

    I think you are talking about signing/encrypting a message, am I right ?

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