Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
BlindMayorBitcorn
on 27/02/2016, 01:40:28 UTC
Amazing development work from Sean Bowe,  Pieter Wuille, Gregory Maxwell, and Madars Virza.

First successful Zero-Knowledge Contingent Payment (ZKCP) on Bitcoin network=

https://bitcoincore.org/en/2016/02/26/zero-knowledge-contingent-payments-announcement/

Who needs the competing zerocoin token when we can build CT , zk-SNARKs, and ZKCP's in Bitcoin directly?

Bullish!




Bullish!*

*(Don't hurt me, Fatman)

It's nice work, to be sure.

Can you provide an example of how you would use it in a practical application? Entirely hypothetical of course, it doesn't have to be you.

Maybe also explain how that application might lead a meaningful increase in the demand for quantities of BTC? [the bullish part]

My name is Jeff. My life is an open book. But sometimes people like to do private financial things. IDK. Anything to keep them away from XMR is fine with me.

The linked article describes the execution of a sort of smart contract.

I'll settle for an explanation of how this allows Monero-like transactions [for totally not drug deals ofc], using BTC as a currency.

Man, you guys taught me everything I know. I can't answer these questions. I just come here to shout out random numbers.

Next stop: 15,000!