📅 Original date posted:2022-01-25
📝 Original message:There was a protocol someone mentioned a while back called Sabu that had
the same goals. As i recall, it had some pretty promising constructs, but
would have a critical vulnerability that could be exploited by miners. This
is the write up:
https://raymo-49157.medium.com/time-to-boost-bitcoin-circulation-million-transactions-per-second-and-privacy-1eef8568d180
Perhaps some of the techniques there could be combined with your ideas to
get closer to a solution.
On Mon, Jan 24, 2022, 08:51 AdamISZ via bitcoin-dev <
bitcoin-dev at lists.linuxfoundation.org> wrote:
> Hello list,
>
> I took the time to write up this rather out-there idea:
>
> Imagine you wanted to send a coin just like email, i.e. just transfer data
> to the counterparty.
>
> Clearly this is in general entirely impossible; but with what restrictions
> and assumptions could you create a toy version of it?
>
> See this gist for a detailed build up of the idea:
>
> https://gist.github.com/AdamISZ/b462838cbc8cc06aae0c15610502e4da
>
> Basically: using signature adaptors and CTV or a similar covenant, you
> could create a fully trustless transfer of control of a utxo from one party
> to another with no interaction with the rest of the group, at the time of
> transfer (modulo of course lots and lots of one-time setup).
>
> The limitations are extreme and as you'd imagine. In the gist I feel like
> I got round one of them, but not the others.
>
> (I very briefly mention comparison to e.g. statechains or payment pools;
> they are making other tradeoffs against the 'digital cash' type of goal.
> There is no claim that this 'pathcoin' idea is even viable yet, let alone
> better than those ideas).
>
> Publishing this because I feel like it's the kind of thing imaginative
> minds like the ones here, may be able to develop further. Possibly!
>
>
> waxwing / AdamISZ
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev at lists.linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>
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Billy Tetrud [ARCHIVE] /
npub1xq…tcnns
2023-06-07 23:02:45
in reply to nevent1q…5fdg
Author Public Key
npub1xqcwcttsyk0a64d63crrwsxp88pa42np37rw87hrfn4uku78g2aqltcnnsPublished at
2023-06-07 23:02:45Event JSON
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"content": "📅 Original date posted:2022-01-25\n📝 Original message:There was a protocol someone mentioned a while back called Sabu that had\nthe same goals. As i recall, it had some pretty promising constructs, but\nwould have a critical vulnerability that could be exploited by miners. This\nis the write up:\n\nhttps://raymo-49157.medium.com/time-to-boost-bitcoin-circulation-million-transactions-per-second-and-privacy-1eef8568d180\n\nPerhaps some of the techniques there could be combined with your ideas to\nget closer to a solution.\n\nOn Mon, Jan 24, 2022, 08:51 AdamISZ via bitcoin-dev \u003c\nbitcoin-dev at lists.linuxfoundation.org\u003e wrote:\n\n\u003e Hello list,\n\u003e\n\u003e I took the time to write up this rather out-there idea:\n\u003e\n\u003e Imagine you wanted to send a coin just like email, i.e. just transfer data\n\u003e to the counterparty.\n\u003e\n\u003e Clearly this is in general entirely impossible; but with what restrictions\n\u003e and assumptions could you create a toy version of it?\n\u003e\n\u003e See this gist for a detailed build up of the idea:\n\u003e\n\u003e https://gist.github.com/AdamISZ/b462838cbc8cc06aae0c15610502e4da\n\u003e\n\u003e Basically: using signature adaptors and CTV or a similar covenant, you\n\u003e could create a fully trustless transfer of control of a utxo from one party\n\u003e to another with no interaction with the rest of the group, at the time of\n\u003e transfer (modulo of course lots and lots of one-time setup).\n\u003e\n\u003e The limitations are extreme and as you'd imagine. In the gist I feel like\n\u003e I got round one of them, but not the others.\n\u003e\n\u003e (I very briefly mention comparison to e.g. statechains or payment pools;\n\u003e they are making other tradeoffs against the 'digital cash' type of goal.\n\u003e There is no claim that this 'pathcoin' idea is even viable yet, let alone\n\u003e better than those ideas).\n\u003e\n\u003e Publishing this because I feel like it's the kind of thing imaginative\n\u003e minds like the ones here, may be able to develop further. Possibly!\n\u003e\n\u003e\n\u003e waxwing / AdamISZ\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/20220125/a599352b/attachment.html\u003e",
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