Title: Scaling solution: Could "child chains" be implemented for Bitcoin? Post by: d5000 on June 15, 2017, 10:01:11 PM Child chains are a concept that was invented by an altcoin developer community (Ardor/Nxt). It could best be described as a method to integrate sidechains and the main chain in a very tight way.
The inventors claim that IBD (initial block download) and block storage requirements for regular full nodes are only about 3% from a traditional monolithic blockchain, potentially even less. So I wanted to explore it as a possibility for Bitcoin. The method works as follows:
(I am not a developer so my description may contain errors. The original concept is described in this overview (https://nxt.org/nxt-2-0-overview/).) Now my question is: Would this method be possible to implement (in the long term, obviously) in Bitcoin? It seems to be a decent compromise between on-chain and off-chain scaling, maybe comparable to extension blocks, and would give drastic advantages regarding to a one-chain solution, but a tighter integration with respect to sidechains. A 2-way-peg would be much easier (and more trustless) to realize than with the Drivechain/Elements concept. Title: Re: Scaling solution: Could "child chains" be implemented for Bitcoin? Post by: vincentvincent on June 24, 2017, 01:17:13 PM I think this is related and interesting: http://www.superbcrew.com/supernet-aims-to-decentralize-financial-services-and-bring-them-together-under-the-same-roof/
Title: Re: Scaling solution: Could "child chains" be implemented for Bitcoin? Post by: d5000 on June 25, 2017, 01:40:39 AM No, not at all.
This thread is not meant to promote an altcoin. My question was if there is a possibility to adapt the child-chain concept to Bitcoin. If it's not possible in the main chain, I think it surely can be implemented as a sidechain or using Rootstock/RSK. |