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@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@lists.linuxfoundation.org > https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev >
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