📅 Original date posted:2016-10-02
📝 Original message:> I don't know if it's possible to implement decentralised sidechains without
> "breaking" this rule.
>
I haven't really been following the sidechain developements, but my
understanding was that redemption from a side chain would be two phase.
The person unpegging the funds provides a proof that they have locked the
funds on the side chain and are eligible to withdraw the funds, plus they
put up a bounty. Then there is a time-locked period where others can
collect the bounty by providing a fraud proof, that the locked funds given
in the proof have actually been double spent. This two phase system
doesn't violate this rule.
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Russell O'Connor [ARCHIVE] /
npub1dw…8plrw
2023-06-07 17:53:43
in reply to nevent1q…nz3y
Author Public Key
npub1dw88wd5gqsqn6ufxhf9h03uk8087l7gfzdtez5csjlt6pupu4pwsj8plrwPublished at
2023-06-07 17:53:43Event JSON
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"content": "📅 Original date posted:2016-10-02\n📝 Original message:\u003e I don't know if it's possible to implement decentralised sidechains without\n\u003e \"breaking\" this rule.\n\u003e\n\nI haven't really been following the sidechain developements, but my\nunderstanding was that redemption from a side chain would be two phase.\nThe person unpegging the funds provides a proof that they have locked the\nfunds on the side chain and are eligible to withdraw the funds, plus they\nput up a bounty. Then there is a time-locked period where others can\ncollect the bounty by providing a fraud proof, that the locked funds given\nin the proof have actually been double spent. This two phase system\ndoesn't violate this rule.\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20161002/78830f94/attachment.html\u003e",
"sig": "153f70b382baf89fcb581eb6e9e7c3b0c2179355129963b0df36d20db982f7983025371dcbf3848c39c1f836edf4d9db88e094e2d2376a491513ee147cc223ce"
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