Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
My mind boggles at the possibilities this BTC-oracle opens up:
https://github.com/byteball/btc-oracle
What the fuck. https://github.com/byteball/btc-oracle
Now a merchant-bot can accept payments in BTC, and a BTC-to-Bytes or Blackbytes exchange can be implemented, and everything the peers would agree to trust is a third-party run btc-oracle.
Its even possible to have a merchantbot accept payments in btc or bytes/blackbytes, and deliver "goods" when either of these payment options are received. The best part is the merchantbot doesnt have to run its own bitcoin-node, it can just listen to btc-oracle.
Is there a plan to have a ethereum-oracle?
Such oracles are an overkill. If we trust witnesses then we can trust data published by them. And no Merkle magic needed for that.