[Simplicity] Smart Contracts Unchained

[ZmnSCPxj]

Good morning Russell,

I have also come to realize that it would be possible for the federation to be selected by the participants, rather than the federation being selected by the smart contract platform.
Making such a software might make it possible for participants to select the federation they want, if some way of locating potential federation members existed.

Regards,
ZmnSCPxj


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‐‐‐‐‐‐‐ Original Message ‐‐‐‐‐‐‐
On Thursday, April 4, 2019 11:59 PM, Russell O'Connor <roconnor at blockstream.io> wrote:

> This is definitely an interesting idea!
>
> I might try my hand at building a lightning service that offers to execute Simplicity and sign transactions based on pubkeys tweeked by Simplicity commitment Merkle roots.  The work I've been doing lately on putting Simplicity into Elements can almost entirely be reused for this purpose.  If it all works we can open source the service so that anyone else can do the same.
>
> On Wed, Apr 3, 2019 at 10:03 PM ZmnSCPxj <ZmnSCPxj at protonmail.com> wrote:
>
> > https://zmnscpxj.github.io/bitcoin/unchained.html
> >
> > Smart contracts have traditionally been implemented as part of the consensus rules of some blokchain.  Often this means creating a new blockchain, or at least a sidechain to an existing blockchain.  This writeup proposes an alternative method without launching a separate blockchain or sidechain, while achieving security similar to federated sidechains and additional benefits to privacy and smart-contract-patching.
> > --
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