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.

‐‐‐‐‐‐‐ Original Message ‐‐‐‐‐‐‐
On Thursday, April 4, 2019 9:55 AM, ZmnSCPxj via bitcoin-dev 
<[email protected]> 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
> [email protected]
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev


_______________________________________________
bitcoin-dev mailing list
[email protected]
https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev

Reply via email to