Hi Symphonic,
>From a game-theory viewpoint where we define among other players utility
functions, set of moves, rules of the games and pattern of information, I
don't think oracles can be mathematically reduced to miners.
Miners are competing to generate a proof-of-work on a set of transactions.
Recent discussions on social media regarding drivechains have prompted me to
consider the implementation of a two-way sidechain peg within the Bitcoin
protocol. I would like to propose what I believe may be a novel solution to
this issue.
I have previously written about here on my blog:
https:
It is already more than a half year since the probably mayor Bitcoin script
exploit started.
These exploits are nothing new in the Bitcoin history and mostly are due to the
loose flexibility of the system in regards of processing predicatives (Bitcoin
script). The very first mayor bug; if you w
Hi Ryan,
Thanks for taking the time to write a proposal. As is often the case, these
ideas aren't actually as novel as you might think. What you describe here
is known as "fraud proofs". The crucial problem it doesn't address is "data
availability".
The general idea behind fraud proofs is that if