How SECURE is Bitcoin Open Time Stamps?

Added: 2026-05-26

[00:00:00]It's the it's the foundational sort of premise that spaces protocol is built on. It's like let's create a name system um a name space that is anchored when we say anchored on Bitcoin.

[00:00:16]That's what we mean. We mean that it's recorded on the blockchain in a way that is provably this represents that name >> in a respectful way, right? It's not bloating the blockchain. UTXO said it's not putting tons of data, minimal data.

[00:00:33]Like that's very important, >> right? Right.

[00:00:36]>> Because we care about Bitcoin. Oh, we love Bitcoin. We don't want to destroy Bitcoin. Uh so this open time stamps, does it use operac's protocol uses it?

[00:00:49]>> You know, I think it does.

[00:00:54]Um, >> so I wonder how the Nods folks feel about this because I'm pretty sure Jeff Booth has come out and said that he is in favor of open time stamps and even Kut Swans I think his name is even he might have just bent and said maybe just that one because I know Jeff Booth said that he he finds it useful to put things like his will on Bitcoin.

[00:01:18]>> Right. Right. So again he's not putting his whole will on it. He's putting he's taking a document that expresses his will and then he's putting putting that into he's getting the the hash of that document and submitting it into a batch of hashes that eventually like again I think it's runs like once an hour that or maybe or so that then cryptographically assures that that his hash is valid on this block at this Time.