Post
Topic
Board Development & Technical Discussion
Re: "Trustless Computer" on Bitcoin? Information/opinions?
by
KingZee
on 18/05/2023, 13:38:08 UTC
My personal opinion is that some of the apps they have as ideas for using the Bitcoin network are just silly, like Bitcoin Photos.

Not all applications & use cases make sense without a delete function. In the case of getting hacked for example.

Yeah fair point but maybe it's for the sake of experimentation

Imagine if you stored the same bytes for a "token" (the smart contract in byte form) on bitcointalk inside a forum post. Can you claim that "dapps are running on bitcointalk"?

Well this is the question I was asking myself too. Wouldn't that be at least partially true? Your example of "dapps running on bitcointalk" only falls apart because bitcointalk is not an immutable decentralized chain.

The question I have is that, if by storing every transaction's "arbitrary bytes" on Bitcoin, guaranteeing its immutability and persistence, if you're able to store your smart contract AND completely recreate the entire "state" of the transactions performed on it by using solely what's stored on the Bitcoin blockchain, wouldn't you have effectively built it on bitcoin?

I guess the flaw remains only in verifying the truthfulness of this information, and if there is a method decentralized and trustless enough to consistently verify the truthfulness of this information by any given party.