ZmnSCPxj [ARCHIVE] on Nostr: 📅 Original date posted:2019-04-03 📝 Original ...
📅 Original date posted:2019-04-03
📝 Original message: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.
📝 Original message: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.