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Author Topic: Smart Contracts ..where are we now in their advancement ?  (Read 620 times)
pooya87
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May 08, 2022, 02:58:36 AM
Merited by garlonicon (3), ABCbits (1), ChiBitCTy (1)
 #21

The HIVE and STEEM Front Ends offered by PAL Network along with their DEX, is what every Blockchain needs right now.
You mean the centralized HIVE and STEEm with their centralized token swap is what we need? I don't think anybody agrees with you.

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Plus, eBay or Etsy ~ Token to then be traded
You seem to already know that the only purpose tokens serve is to be traded and yet you think eBay and Etsy should get on board!!! On board of what? They want a currency or payment system not some speculation tool that is only used for pump and dumps.

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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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ChiBitCTy (OP)
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February 01, 2024, 10:21:45 AM
Merited by nutildah (2)
 #22

I’m always on the lookout for updates/breakthroughs for a two party escrow via btc as Satoshi proposed (and mentioned in my OP here).

I saw some exchange claiming to offer such service recently but realized it wasn’t legitimate once I dug in, nor could I find any that were (that I know of).

I then came across this paper (  https://www.cs.princeton.edu/~arvindn/publications/cryptocurrency-escrow.pdf ) and spent time going through it all. I thought it was new, until realizing this was created years ago. I know what’s proposed here is not “it” as Gmax spoke to this topic in this thread after this paper was published (in which he’s also cited multiple times in) and there was no solution as of then. So I’m curious about two things…is this on the right track…maybe such as Szabo was with Bit Gold ..a strong bitcoin precursor but with known flaws (double spending for ex), or is it just way off base entirely ? I don’t understand a lot of it but trying to learn!

Also, can anyone speak to the credibility of Steven Goldfeder ?  

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