Re: [bitcoin-dev] Trustless 2-way-peg without softfork

2023-09-15 Thread Dr Maxim Orlovsky via bitcoin-dev
Hi, I got a lot of feedback on my proposal -- and it appears that I have to work on a simpler paper explaining how the proposed generic model ("Prometheus") can be applied to a specific case of two-way peg. I have planned this work for the next several weeks and will post it to this mailing lis

Re: [bitcoin-dev] Trustless 2-way-peg without softfork

2023-09-11 Thread G. Andrew Stone via bitcoin-dev
Any chance of a quick tldr to pique our interest by explaining how exactly this works "and the protocol will reach consensus on whether the state reported by the oracle is correct" in presumably a permissionless, anonymous, decentralized fashion, and what caveats there are? Regards, Andrew On Sun

Re: [bitcoin-dev] Trustless 2-way-peg without softfork

2023-09-10 Thread Dr Maxim Orlovsky via bitcoin-dev
In the last e-mail I missed the second article which describes proofs for the Nash equilibrium for the protocol model: ___ bitcoin-dev mailing list bitcoin-dev@lists.linuxfoundat

[bitcoin-dev] Trustless 2-way-peg without softfork

2023-09-10 Thread Dr Maxim Orlovsky via bitcoin-dev
Hi, Several years ago my team from Pandora Project working on censorship-resistant distributed machine learning proposed Prometheus: a protocol for high-load computing on top of Bitcoin. The protocol operates as a multi-party game setting where an oracle ("worker") is provided with an arbitrary