Re: [bitcoin-dev] [Lightning-dev] Scaling Lightning With Simple Covenants

On Fri, Sep 08, 2023 at 06:54:46PM +, jlspc via Lightning-dev wrote: > TL;DR > = I haven't really digested this, but I think there's a trust vs capital-efficiency tradeoff here that's worth extracting. Suppose you have a single UTXO, that's claimable by "B" at time T+L, but at time T that

Re: [bitcoin-dev] Parameters in BIP21 URIs

Kiminuo, this was discussed here: https://github.com/bitcoin/bips/pull/49 On Fri, Sep 8, 2023 at 2:39 PM kiminuo via bitcoin-dev < bitcoin-dev@lists.linuxfoundation.org> wrote: > [Formatted version of this post is here: > https://gist.github.com/kiminuo/cc2f19a4c5319e439fc7be8cbe5a39f9] > > Hi a

[bitcoin-dev] Formosa - Expansion on BIP39 as proposed BIP

Dear Mr. Dash Jr, Kalle Alm and other members of Bitcoin dev mailing list, Upon receiving several constructive, technical, generous pieces of feedback, and a few more months of continued development, I feel now ready to formally file Formosa, my proposed expansion of BIP39 changing from words to

[bitcoin-dev] New BIP to align descriptors, xpub derivation and miniscript

Hi, Script output descriptors ("output descriptors", "wallet descriptors", or simply "descriptors") are getting more and more traction. Descriptors work in combination with miniscript, extended BIP32 keys (xpub/xprivs "descriptors" equipped with origin and derivation information) and are used t

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

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

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

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

Re: [bitcoin-dev] Scaling Lightning With Simple Covenants

Hi! I've read the start of the paper on my vacation, and am still digesting it. But even so far, it presents some delightful possibilities. As with some other proposals, it's worth noting that the cost of enforcement is dramatically increased. It's no longer one or two txs, it's 10+. I