[bitcoin-dev] Storm: escrowed storage and messaging at L2/L3

[Dr Maxim Orlovsky <orlovsky@protonmail.com>]

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Hi,

I'd like to propose a design for distributed storage and messaging with escrow/economic incentivization leveraging LNP/BP ecosystem and working at Layer 2 and 3. It is described in details here: https://github.com/storm-org/storm-spec [1]

Briefly, it allows to construct special type of payment channels guaranteeing remote data storage and retrieval with counterparty risks mitigated by economic stimulus (stakes etc). Next, it can be combined with Lightning Network, i.e. operate completely off-chain ("Storm with Lightning" :).

This proposal came as a side-effect of our joint work on RGB and single-use seals technologies (recently mentioned by Peter Todd here [2]). In the nearest future I will be busy with finalizing and implementing these protocols, but don't want this idea to be missed/forgotten, since it can be very useful for other L2/L3 technologies requiring client-stored data, like guaranteeing external storage of script data for Taproot, scriptless scripts or Prometheus (technology for scalable computing [3]). So I'd welcome any possible comments, critics, or interest in driving Storm development forward.

[1] https://github.com/storm-org/storm-spec
[2] https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2019-August/017257.html
[3] https://github.com/pandoracore/prometheus-spec/blob/master/prometheus.pdf

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Dr Maxim Orlovsky
Pandora Core AG
https://twitter.com/dr_orlovsky
https://github.com/dr-orlovsky
xorlovsky[1..]@pandoracore.com

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