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Bitcoin’s new “self-bribe” code lets you build sobriety wallets that pay your enemies if you break a promise

When the ball drops this New Year’s Eve, you could look to Bitcoin to help you keep your New Year’s resolutions. Bitcoin can enforce promises with code and collateral. That unlocks a class of “self-bribes,” in which a person escrows funds today under conditions only future behavior can satisfy, with payout paths encoded in script […] The post Bitcoin’s new “self-bribe” code lets you build sobriety wallets that pay your enemies if you break a promise appeared first on CryptoSlate. дальше »

2025-12-10 19:35


Understanding PLONK

Special thanks to Justin Drake, Karl Floersch, Hsiao-wei Wang, Barry Whitehat, Dankrad Feist, Kobi Gurkan and Zac Williamson for review Very recently, Ariel Gabizon, Zac Williamson and Oana Ciobotaru announced a new general-purpose zero-knowledge proof scheme called PLONK, standing for the unwieldy quasi-backronym “Permutations over Lagrange-bases for Oecumenical Noninteractive arguments of Knowledge”. дальше »

2019-9-24 04:03


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Meet Memopay, the Bitcoin Cash Advertising Model That ‘Pays for Attention’

There’s a different kind of advertising taking place on the Bitcoin Cash (BCH) network, using an application called Memopay. The ad campaign platform employs a novel approach to advertise someone’s website, product or service by sending a small fraction of BCH to thousands of public addresses with an encoded OP_return message. дальше »

2019-2-21 22:21


Democracy’s Downside adn How it Afects Blockchain Governance

This is a system for deciding on changes to public blockchain protocols using formalized governance mechanisms encoded in the blockchain, rather than informal discussions offline. They can exit – leave the relationship – or they can use their “voice” to try to improve the relationship through communication. Employees can choose to quit their unpleasant job дальше »

2018-6-22 13:24