š
Original date posted:2019-04-04
š Original message:Somebody pointed out this to me:
https://gavintech.blogspot.com/2014/06/bit-thereum.html
I have updated the page accordingly.
One thing that seems not mentioned in bit-thereum is the "as long as everybody agrees" escape hatch, i.e. one branch which allows spending to anything (including a transaction that violates the letter of the contract) as long as all participants agree.
This is gives my newer mechanism the ability to "fix" buggy contracts if everybody involved can agree to the terms of a new contract, by simply abandoning the existing contract and spending to the new contract.
Regards,
ZmnSCPxj
Sent with ProtonMail Secure Email.
āāāāāāā Original Message āāāāāāā
On Thursday, April 4, 2019 9:55 AM, ZmnSCPxj via bitcoin-dev <bitcoin-dev at lists.linuxfoundation.org> wrote:
> https://zmnscpxj.github.io/bitcoin/unchained.html
>
> Smart contracts have traditionally been implemented as part of the consensus rules of some blokchain. Often this means creating a new blockchain, or at least a sidechain to an existing blockchain. This writeup proposes an alternative method without launching a separate blockchain or sidechain, while achieving security similar to federated sidechains and additional benefits to privacy and smart-contract-patching.
>
> bitcoin-dev mailing list
> bitcoin-dev at lists.linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
ZmnSCPxj [ARCHIVE] /
npub1g5ā¦3ms3l
2023-06-07 18:17:33
in reply to nevent1qā¦e8fp
Author Public Key
npub1g5zswf6y48f7fy90jf3tlcuwdmjn8znhzaa4vkmtxaeskca8hpss23ms3lPublished at
2023-06-07 18:17:33Event JSON
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Original date posted:2019-04-04\nš Original message:Somebody pointed out this to me:\n\nhttps://gavintech.blogspot.com/2014/06/bit-thereum.html\n\nI have updated the page accordingly.\n\nOne thing that seems not mentioned in bit-thereum is the \"as long as everybody agrees\" escape hatch, i.e. one branch which allows spending to anything (including a transaction that violates the letter of the contract) as long as all participants agree.\nThis is gives my newer mechanism the ability to \"fix\" buggy contracts if everybody involved can agree to the terms of a new contract, by simply abandoning the existing contract and spending to the new contract.\n\nRegards,\nZmnSCPxj\n\n\nSent with ProtonMail Secure Email.\n\nāāāāāāā Original Message āāāāāāā\nOn Thursday, April 4, 2019 9:55 AM, ZmnSCPxj via bitcoin-dev \u003cbitcoin-dev at lists.linuxfoundation.org\u003e wrote:\n\n\u003e https://zmnscpxj.github.io/bitcoin/unchained.html\n\u003e\n\u003e Smart contracts have traditionally been implemented as part of the consensus rules of some blokchain. Often this means creating a new blockchain, or at least a sidechain to an existing blockchain. This writeup proposes an alternative method without launching a separate blockchain or sidechain, while achieving security similar to federated sidechains and additional benefits to privacy and smart-contract-patching.\n\u003e\n\u003e bitcoin-dev mailing list\n\u003e bitcoin-dev at lists.linuxfoundation.org\n\u003e https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev",
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