Author: Billy Tetrud 2022-01-30 15:39:04
Published on: 2022-01-30T15:39:04+00:00
The email conversation revolves around the topic of creating a trustless contract enforcement mechanism. One proposed method is the use of burn mechanisms to enforce contracts, but some argue that this approach is unstable due to the possibility of bribery and collusion. Instead, others suggest penalties consisting of a payment directly from the attacker to the attacked, which is larger than the amount stolen. This model is considered stable and similar to the one used in Lightning.The discussion also includes the idea of PathCoin, which uses signature adaptors and CTV to enable 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. However, there are limitations to the system, and more development is needed. The conversation also touches on Sabu, a protocol with similar goals, but it has a vulnerability that could be exploited by miners. The overall focus of the discussion is to explore potential solutions for creating a trustless contract enforcement mechanism. The context provided is a message from user "wing" sent to the bitcoin-dev mailing list, which contains no content and only includes the header information for the mailing list.
Updated on: 2023-06-15T15:29:00.368395+00:00