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From: Peter Todd <pete@petertodd.org>
To: Christian Moss <chrismoss411@gmail.com>
Cc: "Bitcoin Protocol Discussion"
	<bitcoin-dev@lists.linuxfoundation.org>,
	"Héctor José Cárdenas Pacheco" <hcarpach@gmail.com>,
	lightning-dev <lightning-dev@lists.linuxfoundation.org>
Subject: Re: [bitcoin-dev] [Lightning-dev] Sending OP_RETURN via Bitcoin Lightning
Date: Thu, 9 Dec 2021 05:07:37 -0500	[thread overview]
Message-ID: <YbHVaU19CFvOQ3MB@petertodd.org> (raw)
In-Reply-To: <CANQKmg+D22GrLFDBAawop1uha3GG5F4TmixMajcTPQUdTF4-PQ@mail.gmail.com>

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On Thu, Dec 09, 2021 at 09:49:11AM +0000, Christian Moss wrote:
> pete@petertodd.org, so single use seals require an onchain transaction to
> post the proof of publication to the ledger (assuming bitcoin is used as
> the ledger) when an asset is transferred, but it can scale because you can
> batch many proofs (transfer of ownerships) into a merkle tree and just add
> the merkle root into the single tx going into the ledger?

Exactly. And since the aggregation is trustless with respect to validity, users
can choose what kind of censorship risk they're willing to take (as well as
mitigate it with "multisig" schemes that use multiple aggregators in parallel).

-- 
https://petertodd.org 'peter'[:-1]@petertodd.org

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  reply	other threads:[~2021-12-09 10:23 UTC|newest]

Thread overview: 10+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2021-12-06  9:54 [bitcoin-dev] Sending OP_RETURN via Bitcoin Lightning Héctor José Cárdenas Pacheco
2021-12-06 10:20 ` Karl
2021-12-06 11:31   ` [bitcoin-dev] [Lightning-dev] " Martin Habovštiak
2021-12-06 16:35     ` Christian Moss
2021-12-09  9:12       ` Peter Todd
2021-12-09  9:49         ` Christian Moss
2021-12-09 10:07           ` Peter Todd [this message]
2021-12-09 12:12             ` Alex Schoof
2021-12-09 12:56               ` Peter Todd
2021-12-06 12:38   ` [bitcoin-dev] " Christian Moss

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