Sentences with phrase «sidechains paper»

With today's publication of Strong Federations: An Interoperable Blockchain Solution to Centralized Third Party Risks, we share the improvements we have made to the federated peg that was briefly discussed in the original sidechains paper.

Although Blockstream has talked about the federated peg system before in their first sidechains paper, this new release explores the subject and presents a system that allows all participants to be economically incentivized to operate in the best interest of the network, ensuring that both the generation of new blocks and the withdrawal from the sidechain runs smoothly.

The authors of the much - discussed Bitcoin Sidechains paper «Enabling Blockchain Innovations with Pegged Sidechains,» released in October, have formed the company Blockstream to develop new ways to accelerate innovation in digital currencies, open assets and smart contracts.

The authors of the much - discussed Bitcoin Sidechains paper «Enabling Blockchain Innovations with Pegged Sidechains,» released in October, formed the company Blockstream to implement sidechains and accelerate innovation in digital currencies.

My reading of the sidechains paper is that the worst case scenario is that an attacker manages to «reanimate» Bitcoins on the main blockchain that had been sent to the sidechain... but that would be the attacker stealing the coins from the rightful owner on the sidechain.

Not exact matches

The team behind the sidechains project has released an official white paper that could reshape the digital currency ecosystem.

Nearly one year after the release of its white paper, bitcoin technology startup Blockstream has released its first commercial sidechains application.

A unique proposal aimed at scaling bitcoin's transaction capacity via sidechains has been revealed in a new white paper.

Called Sidechains Elements, the launch is the first major release for the bitcoin startup since it published its white paper last fall.

Larger, more decentralized cryptocurrencies such as bitcoin, pegged cryptocurrencies such as sidechains, as well as distributed computing platforms like Ethereum, do not easily fit the definition of a security and also do not present the sort of consumer risk that is best addressed through securities regulation, the paper argues.

Further, Andrew Poelstra was co-author of the sidechains white paper, the technical proposal for which Blockstream would raise upwards of $ 20m toward the end of 2014.

Named «proof - of - mainstake,» the paper proposes an incentive system for the mining of sidechains, blockchains with alternative rulesets that developers believe could one day be «attached» to bitcoin.

The paper builds on work by Blockstream on the original sidechains concept and a more - recent proposal, drivechains, from Sztorc.

The most recent work in regard to a two - way peg mechanism for sidechains comes in the form of a paper by RSK Labs (the company behind Rootstock) co-founder and Chief Scientist Sergio Lerner.

CommerceBlock launched in 2016, provides services for creating private and secure paper trails for business, leveraging the blockchain via parallel private «sidechains.»