Re: [bitcoin-dev] Blind Statechains

2020-06-14 Thread Tom Trevethan via bitcoin-dev
Hi Ruben, Thanks for the comments. > Users would have to validate the history of the chain regardless, even if it wasn't blind, to verify whether the statechain entity hasn't been cheating, so the main difference would be in unblinding the data. My understanding was that users would need to

Re: [bitcoin-dev] Blind Statechains

2020-06-12 Thread Ruben Somsen via bitcoin-dev
Hi Tom, Blind signatures are certainly a nice feature, great to see that you're considering it. >So each new owner of a UTXO must receive, store and verify the full sequence of previous owner backup transactions to make sure that no previous owner has asked the SE to sign a transaction that

[bitcoin-dev] Blind Statechains

2020-06-12 Thread Tom Trevethan via bitcoin-dev
Hello, A statechain implementation and service co-signs 'backup' (off-chain) transactions to transfer ownership of a UTXO from one owner to the next. A suggested here https://medium.com/@RubenSomsen/statechains-non-custodial-off-chain-bitcoin-transfer-1ae4845a4a39 , this service (the statechain