Post
Topic
Board Altcoin Discussion
Re: Transparent mining 2, or What part of Legacy should be left behind
by
bitcoinpaul
on 10/02/2014, 17:11:22 UTC
Q1) When BCNext says "issued in quantities to keep their value constant", would issuing NXT Assets in fixed denominations like 1 BTC, 1 USD, etc. satisfy this? I want to fully understand what is being said and this is tricky especially if second hand and different language.

Q2) I think adding support to NXT so that it is able to see or even issue offchain transactions is the only way to extend transparency beyond NXT blockchain. Is there a way simpler than using indistinguishability obfuscator that can be used to trust offchain results from peers? Would carefully designing matched pairs of subroutines to 1) invoke and 2) verify offchain actions be adequate to create trustable transactions despite Evil Bob's best efforts?

Q3) In general, am I on the right track with NXTlayers, NXTplugins, crosschain transactions, automated gateways, NXTcash, blockchain FIFO, etc?


I'm interested in the answers.