Re: [bitcoin-dev] Concrete MATT opcodes

2023-08-19 Thread Antoine Riard via bitcoin-dev
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.

[bitcoin-dev] Sentinel Chains: A Novel Two-Way Peg

2023-08-19 Thread Ryan Breen via bitcoin-dev
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:

[bitcoin-dev] Concern about "Inscriptions"

2023-08-19 Thread Chris Martl via bitcoin-dev
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

Re: [bitcoin-dev] Sentinel Chains: A Novel Two-Way Peg

2023-08-19 Thread Ruben Somsen via bitcoin-dev
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