Softchains achieve what was once thought impossible: trustless two-way pegged sidechains for Bitcoin.
The downside is having to validate ~100MB per chain per year, but you can offset that burden with a block size decrease.
Consensus risks are perhaps the biggest danger, though it would require a one-year reorg.
This week we talked to @waxwing about Bitcoin privacy and SNICKER, a non-interactive two-party variant of coinjoin. We also discussed:
- Payjoin / p2ep
- Wasabi & Samourai Wallet
- Confidential Transactions
- Zcash & Monero
Be sure to check it out!
Succinct Atomic Swaps
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@SomsenRuben on Twitter
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