đ
Original date posted:2022-10-12
đ Original message:Thanks for the writeup John,
Is there a one page cheat sheet of "asks" for transaction
introspection/OP_ZKP(?) and their uses both separately and together for
different rollup architectures?
On Tue, Oct 11, 2022 at 11:52 AM John Light via bitcoin-dev <
bitcoin-dev at lists.linuxfoundation.org> wrote:
> Hi all,
>
> Today I am publishing "Validity Rollups on Bitcoin", a report I produced
> as part of the Human Rights Foundation's ZK-Rollup Research Fellowship.
>
> Here's the preface:
>
> > Ever since Satoshi Nakamoto first publicly announced bitcoin, its
> supporters, critics, and skeptics alike have questioned how the protocol
> would scale as usage increases over time. This question is more important
> than ever today, as blocks are increasingly full or close to full of
> transactions. So-called "Layer 2" (L2) protocols such as the Lightning
> Network have been deployed to take some transaction volume "offchain" but
> even Lightning needs to use _some_ bitcoin block space. It's clear that as
> bitcoin is adopted by more and more of the world's population (human and
> machine alike!) more block space will be needed. Another thread of inquiry
> concerns whether bitcoin's limited scripting capabilities help or hinder
> its value as electronic cash. Researchers and inventors have shown that the
> electronic cash transactions first made possible by bitcoin could be given
> new form by improving transaction privacy, supporting new types of smart
> contracts, and even creating entirely new blockchain-based assets.
> >
> > One of the results of the decade-plus research into scaling and
> expanding the capabilities of blockchains such as bitcoin is the invention
> of the validity rollup. Given the observed benefits that validity rollups
> have for the blockchains that have already implemented them, attention now
> turns to the question of whether they would be beneficial for bitcoin and
> existing bitcoin L2 protocols such as Lightning, too. We explore this
> question by examining validity rollups from several angles, including their
> history, how they work on a technical level, how they could be built on
> bitcoin, and what the benefits, costs, and risks of building them on
> bitcoin might be. We conclude that validity rollups have the potential to
> improve the scalability, privacy, and programmability of bitcoin without
> sacrificing bitcoin's core values or functionality as a peer-to-peer
> electronic cash system. Given the "trustless" nature of validity rollups as
> cryptographically-secured extensions of their parent chain, and given
> bitcoin's status as the most secure settlement layer, one could even say
> these protocols are a _perfect match_ for one another.
>
> You can find the full report here:
>
> https://bitcoinrollups.org
>
> Happy to receive any comments and answer any questions the bitcoin dev
> community may have about the report!
>
> Best regards,
> John Light
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev at lists.linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>
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Greg Sanders [ARCHIVE] /
npub1jdâŚ3gh0m
2023-06-07 23:15:09
in reply to nevent1qâŚx45g
Author Public Key
npub1jdl3plz00rvxwc6g2ckemzrgg0amx5wen4kfvs3laxtssxvk9cvsf3gh0mPublished at
2023-06-07 23:15:09Event JSON
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Original date posted:2022-10-12\nđ Original message:Thanks for the writeup John,\n\nIs there a one page cheat sheet of \"asks\" for transaction\nintrospection/OP_ZKP(?) and their uses both separately and together for\ndifferent rollup architectures?\n\nOn Tue, Oct 11, 2022 at 11:52 AM John Light via bitcoin-dev \u003c\nbitcoin-dev at lists.linuxfoundation.org\u003e wrote:\n\n\u003e Hi all,\n\u003e\n\u003e Today I am publishing \"Validity Rollups on Bitcoin\", a report I produced\n\u003e as part of the Human Rights Foundation's ZK-Rollup Research Fellowship.\n\u003e\n\u003e Here's the preface:\n\u003e\n\u003e \u003e Ever since Satoshi Nakamoto first publicly announced bitcoin, its\n\u003e supporters, critics, and skeptics alike have questioned how the protocol\n\u003e would scale as usage increases over time. This question is more important\n\u003e than ever today, as blocks are increasingly full or close to full of\n\u003e transactions. So-called \"Layer 2\" (L2) protocols such as the Lightning\n\u003e Network have been deployed to take some transaction volume \"offchain\" but\n\u003e even Lightning needs to use _some_ bitcoin block space. It's clear that as\n\u003e bitcoin is adopted by more and more of the world's population (human and\n\u003e machine alike!) more block space will be needed. Another thread of inquiry\n\u003e concerns whether bitcoin's limited scripting capabilities help or hinder\n\u003e its value as electronic cash. Researchers and inventors have shown that the\n\u003e electronic cash transactions first made possible by bitcoin could be given\n\u003e new form by improving transaction privacy, supporting new types of smart\n\u003e contracts, and even creating entirely new blockchain-based assets.\n\u003e \u003e\n\u003e \u003e One of the results of the decade-plus research into scaling and\n\u003e expanding the capabilities of blockchains such as bitcoin is the invention\n\u003e of the validity rollup. Given the observed benefits that validity rollups\n\u003e have for the blockchains that have already implemented them, attention now\n\u003e turns to the question of whether they would be beneficial for bitcoin and\n\u003e existing bitcoin L2 protocols such as Lightning, too. We explore this\n\u003e question by examining validity rollups from several angles, including their\n\u003e history, how they work on a technical level, how they could be built on\n\u003e bitcoin, and what the benefits, costs, and risks of building them on\n\u003e bitcoin might be. We conclude that validity rollups have the potential to\n\u003e improve the scalability, privacy, and programmability of bitcoin without\n\u003e sacrificing bitcoin's core values or functionality as a peer-to-peer\n\u003e electronic cash system. Given the \"trustless\" nature of validity rollups as\n\u003e cryptographically-secured extensions of their parent chain, and given\n\u003e bitcoin's status as the most secure settlement layer, one could even say\n\u003e these protocols are a _perfect match_ for one another.\n\u003e\n\u003e You can find the full report here:\n\u003e\n\u003e https://bitcoinrollups.org\n\u003e\n\u003e Happy to receive any comments and answer any questions the bitcoin dev\n\u003e community may have about the report!\n\u003e\n\u003e Best regards,\n\u003e John Light\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\n\u003e\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20221012/4a38abb5/attachment.html\u003e",
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