📅 Original date posted:2019-01-18
📝 Original message:I have been working on a design for Bitcoin sidechains using the Tendermint
BFT consensus protocol, which is commonly used to build proof-of-stake
networks (Cosmos is the notable one).
The design ends up being very similar to Blockstream's Liquid sidechain,
since Tendermint consensus is not far off from Liquid's "strong federation"
consensus.
Any feedback about improvements or critical flaws would be greatly
appreciated. The design document is here:
https://github.com/mappum/bitcoin-peg/blob/master/bitcoinPeg.md (that repo
also contains a simplified implementation of this sidechain design).
Thanks for your feedback,
Matt Bell
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Matt Bell [ARCHIVE] /
npub1ff…l5js7
2023-06-07 18:15:58
in reply to nevent1q…en84
Author Public Key
npub1ffcv6exfeywecd8003s47mqr867hc7aj58z57l9x0q9w72usznnq8l5js7Published at
2023-06-07 18:15:58Event JSON
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"content": "📅 Original date posted:2019-01-18\n📝 Original message:I have been working on a design for Bitcoin sidechains using the Tendermint\nBFT consensus protocol, which is commonly used to build proof-of-stake\nnetworks (Cosmos is the notable one).\n\nThe design ends up being very similar to Blockstream's Liquid sidechain,\nsince Tendermint consensus is not far off from Liquid's \"strong federation\"\nconsensus.\n\nAny feedback about improvements or critical flaws would be greatly\nappreciated. The design document is here:\nhttps://github.com/mappum/bitcoin-peg/blob/master/bitcoinPeg.md (that repo\nalso contains a simplified implementation of this sidechain design).\n\nThanks for your feedback,\nMatt Bell\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20190118/f588117a/attachment.html\u003e",
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