dave/bft-crdt-experiment
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Adding a few use case ideas while working on the larger Side problem

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Dave Hrycyszyn
2024-07-15 17:03:08 +01:00
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@@ -87,3 +87,15 @@ You'll need to have funded the "dave" address prior to running the `btc` command
I was using this primarily as a way to experiment with constructing and broadcasting Bitcoin transactions, with the hope that it would be possible to move on to more advanced constructions (e.g. state channels). However, now that I look at all the options, it seems that multi-party state channels in Bitcoin are (probably) impossible to construct. I was using this primarily as a way to experiment with constructing and broadcasting Bitcoin transactions, with the hope that it would be possible to move on to more advanced constructions (e.g. state channels). However, now that I look at all the options, it seems that multi-party state channels in Bitcoin are (probably) impossible to construct.
There is a second, unused Bitcoin client in place which uses Blockstream's Electrum server, but this didn't seem to be working properly with respect to Signet Bitcoin network during my testing, so I went with the esplora / Mutiny version instead. There is a second, unused Bitcoin client in place which uses Blockstream's Electrum server, but this didn't seem to be working properly with respect to Signet Bitcoin network during my testing, so I went with the esplora / Mutiny version instead.
## Possible uses
### DKG
It strikes me that there are many, many systems which rely on a trusted setup, and which might be able to use Distributed Key Generation (DKG) instead. SNARK systems for instance all have this problem.
It is not necessarily the case that e.g. signer participants and validators are the same entities. Being able to quickly spin up a blockchain and use it to sign (potentially temporary or ephemeral) keyshare data might be pretty useful.
### Cross chain transfers
The ability to be part of multiple consensus groups at once might provide new opportunities for cross-chain transfers.