[Bitcoin-development] The timechain: an idea to solve TX malleability in smart contract protocols with minimal involvement and without requiring a fork.

2015-06-13 Thread Matthew Roberts
I've been tossing around an idea in my head that involves time-locked encryption [0] and I wondered what the devs here think about it. In a nutshell: the timechain is a serial chain of time-lock encrypted GPG keys at N minute intervals (meaning that it requires N minutes to decrypt a single link /

[Bitcoin-development] The timechain: an idea to solve TX malleability in smart contract protocols without requiring a fork.

2015-06-13 Thread Matthew Roberts
I've been tossing around an idea in my head that involves time-locked encryption [0] and I wondered what the devs here think about it. In a nutshell: the timechain is a serial chain of time-lock encrypted GPG keys at N minute intervals (meaning that it requires N minutes to decrypt a single link /