Bitcoin futures listed on the Chicago Mercantile Exchange rose to multi-month highs, breaking above $10,000 early Friday. The February contract crossed above the psychological hurdle…
"The reality of the matter is that centralized Lightning might worse for bitcoin privacy-wise."To help deter these outcomes, Moreno-Sanchez and Miers' talks focused on zero-knowledge techniques, an older cryptographic concept that seeks to allow parties to verify information is accurate without exchanging sensitive data. Moreno Sanchez's work, conducted with four other Purdue researchers, presented two implementations of payment channels based on a new type of smart contract, while Miers' was an iteration of work first introduced in 2016, now more relevant given that the Lightning Network is closer to launch. Elsewhere, Lightning white paper author Tadge Dryja gave a talk on Discreet Log Contracts, work that hints at how so-called oracles, or third-party data providers, could operate within Lightning Networks, settling conditional payments between users such as might be wanted for insurance payments or casual betting. All focused, however, on the exchange of information between parties, and the optimal conditions under which interactions would occur to maintain beneficial properties of bitcoin transactions conducted on the more transparent bitcoin blockchain.
"It is important to make being a contributor more economic than being an attacker."Disclosure: CoinDesk is a subsidiary of Digital Currency Group, which helped organize the Segwit2x agreement. DCG has an ownership stake in BTCC. Images via Pete Rizzo for CoinDesk
There was a problem reporting this post.
Please confirm you want to block this member.
You will no longer be able to:
Please note: This action will also remove this member from your connections and send a report to the site admin. Please allow a few minutes for this process to complete.