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Joshua J. Bouw
@JoshuaJBouw_twitter
Its not.. like your typical project
You can make a sidechain for BTC at the change of a param file.
But you could also mod the fuck out of it and make something cool
mindphuq
@maniac0s
so like eth on stereoids?
Joshua J. Bouw
@JoshuaJBouw_twitter
Or sidechain to bLK
Yeah, basically
Decentralisation is optional
Same with transparency..
It has CT
It also does have its own native coin
mindphuq
@maniac0s
isnt that similar to what rat4 tries with blacknet?
Joshua J. Bouw
@JoshuaJBouw_twitter
Much further
rat4 isn't doing anything new
So, mimblewimble-style CT is pretty cool
You save a ton of space..
but you sacrifice things like blinding keys
mindphuq
@maniac0s
CT?
Joshua J. Bouw
@JoshuaJBouw_twitter
Confidential transactions
With G Maxwell style CT, you have 2 keys...
Priv key and a blinding key
You can't see txs between wallets, unless you have the key to see it
So, it can still be fully auditable, if you have a key for that wallet.
Its like, view only key, not spend
mindphuq
@maniac0s
so its like stealth trx?
Joshua J. Bouw
@JoshuaJBouw_twitter
Yeah, its stealth
mindphuq
@maniac0s
cool
Joshua J. Bouw
@JoshuaJBouw_twitter
Been talking to Adam Back about it...
He loves the fact that I'm building something like elements, but a lot more approachable
mindphuq
@maniac0s
ah that sounds interesting. so you dont have like this to protect privacy https://en.bitcoin.it/wiki/Address_reuse
Joshua J. Bouw
@JoshuaJBouw_twitter
no
mindphuq
@maniac0s
2013 and still not implemented anywhere?
Joshua J. Bouw
@JoshuaJBouw_twitter
?
mindphuq
@maniac0s
"This work was originally proposed by Adam Back on
Bitcointalk in his 2013 thread "bitcoins with homomorphic value""
Joshua J. Bouw
@JoshuaJBouw_twitter
Yeah, on elements
also on liquid
mindphuq
@maniac0s
sorry I am really out of touch with cryptos
I have to relearn so much
btw I had another idea: "Blackload"
like, implement a torrent like p2p system on blackcoin. Use IPFS as a file storage and the blockchain for finding content (no central servers needed).
now, next step would be: Implement a whole internet on it.
like you have in freenet
although the focus shouldn't be on hiding content but rather making it not censorable
so you like surf a webpage, all content is pulled from IPFS where the hashes are found via blockchain. like dtube does it with video but here you have websites, pictures ect
Joshua J. Bouw
@JoshuaJBouw_twitter
Yeah I got that too..
But its like... inspired by IPFS?
Its basically the same thing
Just more... suited to Blockchain stuff.
mindphuq
@maniac0s
it utilizes IPFS but you can like surf a web in it
Joshua J. Bouw
@JoshuaJBouw_twitter
The way that IPFS is done on ETH is stupid.