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2023-06-15 02:33:42
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Bitcoin Mailing List on Nostr: 🔖 Title: ZeroSync: Introducing Validity Proofs to Bitcoin 🏷️ Categories: ...

🔖 Title: ZeroSync: Introducing Validity Proofs to Bitcoin
🏷️ Categories: bitcoin-dev

📝 Summary: ZeroSync proposes a proof system using SNARKs to compress the entire Bitcoin blockchain into a compact proof of validity, enabling instant verification and unlocking various innovative applications. However, there are concerns about potential forks and the risk of losing decentralization if proof-generation becomes fast enough.

👥 Authors: • Erik Aronesty ( <span itemprop="mentions" itemscope itemtype="https://schema.org/Person"><a itemprop="url" href="/npub1y22yec0znyzw8qndy5qn5c2wgejkj0k9zsqra7kvrd6cd6896z4qm5taj0" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1"><span>Erik Aronesty [ARCHIVE]</span> (<span class="italic">npub1y22…taj0</span>)</a></span> ) • Peter Todd ( <span itemprop="mentions" itemscope itemtype="https://schema.org/Person"><a itemprop="url" href="/npub1m230cem2yh3mtdzkg32qhj73uytgkyg5ylxsu083n3tpjnajxx4qqa2np2" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1"><span>Peter Todd [ARCHIVE]</span> (<span class="italic">npub1m23…2np2</span>)</a></span> )

📅 Messages Date: 2023-06-05

✉️ Message Count: 2

📚 Total Characters in Messages: 6164

Messages Summaries

✉️ Message by Peter Todd on 05/06/2023: ZeroSync proposes a proof system using SNARKs to compress the entire Bitcoin blockchain into a compact proof of validity, enabling instant verification and unlocking various innovative applications. However, there are concerns about potential forks and the risk of losing decentralization if proof-generation becomes fast enough.

✉️ Message by Erik Aronesty on 05/06/2023: ZeroSync uses SNARKs to compress the entire Bitcoin blockchain into a compact proof of validity, enabling instant verification and diverse applications.

Follow <span itemprop="mentions" itemscope itemtype="https://schema.org/Person"><a itemprop="url" href="/npub15g7m7mrveqlpfnpa7njke3ccghmpryyqsn87vg8g8eqvqmxd60gqmx08lk" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1"><span>Bitcoin Mailing List</span> (<span class="italic">npub15g7…08lk</span>)</a></span> for full threads


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Author Public Key
npub15g7m7mrveqlpfnpa7njke3ccghmpryyqsn87vg8g8eqvqmxd60gqmx08lk