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Author Topic: Questions on 'New Opcodes' to be implemented in elements  (Read 188 times)
xdrpx
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November 16, 2017, 06:23:07 PM
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Hi all,

I've been reading through the various element's projects that become a part of the sidechain. I've read through New Opcodes and I was confused about how the two use cases - double-spent protection bonds and probabilistic payments worked.

Doesn't Bitcoin already have considerable protection against double-spends and how are these protection bonds associated to it? Also I wasn't able to determine what probabilitic payments were, At the moment the source code page takes me to a 404 page (https://elementsproject.org/elements/opcodes/elements/opcodes/index.md) which I'm hoping might be resolved soon.

I hope someone which some knowledge on this would be willing to throw some light and help me understand?
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November 16, 2017, 07:49:41 PM
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Hi all,

I've been reading through the various element's projects that become a part of the sidechain. I've read through New Opcodes and I was confused about how the two use cases - double-spent protection bonds and probabilistic payments worked.

Doesn't Bitcoin already have considerable protection against double-spends and how are these protection bonds associated to it? Also I wasn't able to determine what probabilitic payments were, At the moment the source code page takes me to a 404 page (https://elementsproject.org/elements/opcodes/elements/opcodes/index.md) which I'm hoping might be resolved soon.

I hope someone which some knowledge on this would be willing to throw some light and help me understand?

This discussion may help with probabilistic payments:
https://bitcointalk.org/index.php?topic=62558.0

It is obviously an old discussion, but it might be helpful in understanding them although I think they have been fleshed out more.
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