š
Original date posted:2019-04-05
š Original message:Building from this ---
It is possible via this mechanism for the federation to be selected by the participants, rather than the federation being defined as a fixed set by the smart contract platform.
Perhaps anyone can advertise themselves (by e.g. locking some bonded amount on the blockchain with a `OP_CHECKSEQUENCEVERIFY`) as being willing to act as trusted executors of smart contracts.
Participants then select such executors they believe to be trustworthy, and what voting quorum of the selected executors is sufficient to convince the participants of the correct execution of the smart contract.
Of course, more choices, more cognitive effort for you mere humans, so probably not a good idea in general.
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 18:17:35
in reply to nevent1qā¦82sn
Author Public Key
npub1g5zswf6y48f7fy90jf3tlcuwdmjn8znhzaa4vkmtxaeskca8hpss23ms3lPublished at
2023-06-07 18:17:35Event JSON
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Original date posted:2019-04-05\nš Original message:Building from this ---\n\nIt is possible via this mechanism for the federation to be selected by the participants, rather than the federation being defined as a fixed set by the smart contract platform.\n\nPerhaps anyone can advertise themselves (by e.g. locking some bonded amount on the blockchain with a `OP_CHECKSEQUENCEVERIFY`) as being willing to act as trusted executors of smart contracts.\n\nParticipants then select such executors they believe to be trustworthy, and what voting quorum of the selected executors is sufficient to convince the participants of the correct execution of the smart contract.\n\nOf course, more choices, more cognitive effort for you mere humans, so probably not a good idea in general.\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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