Post
Topic
Board Announcements (Altcoins)
Re: NXT :: descendant of Bitcoin - Updated Information
by
jl777
on 08/02/2014, 10:42:37 UTC
I know it is not perfect, that is why I am asking for feedback to make it right. I think it is at least closer and things like http://www.wired.com/wiredscience/2014/02/cryptography-breakthrough/ give me hope that a solution is possible.

I remember reading original paper some time ago, and it's seems it's way too computationally expensive to include it on the chain...

What am I missing? I am thinking that all script owners will be assured that the output of their script will be processed only by a validated NXTplugin.

what does validated mean? how the output can be verified without running the "code" again?
the scripts are run on all nodes, so the output AM can be universally validated

Well, if the problem has now gone from "impossible" to "really really difficult", then I call that progress