It has taken many years to finally be able to put together a fully decentralized system for one of the most demanding usecases, realtime poker. The final piece is a decentralized cashier, which utilizes cryptographic proofs to deposit coins, issue coins, redeem coins. …

First a brief review of what a Finite State Machine (FSM) is https://medium.com/@mlbors/what-is-a-finite-state-machine-6d8dec727e2c Finite-state machine A finite-state machine ( FSM) or finite-state automaton ( FSA, plural: automata), finite automaton, or simply a state…en.wikipedia.org https://ucsb-cs64-s18.github.io/lectures/CS64_Lecture16.pdf There are many other resources on what a FSM is and what they can do as it is a well established field. The important thing to note is that FSM can be mapped into a transactionalized…

I have written about multichain clusters where they are all setup to be 1:1 fungible with each other. The way it is implemented is so that to issue coins from a cross chain transfer, you need to get proof of the burn of the matching amount. Additionally, you need to…

after my post last week, the acknowledged expert in the DAA (difficulty adjustment algorithms) zawy https://github.com/zawy12/difficulty-algorithms/issues was kind enough to not only provide feedback, but we ended up working together to fix the problems of my initial solution. i am a generalist and am always keen on the feedback from…

First let me describe the problem that is often encountered by small PoW blockchains, which in this context is any blockchain that uses a hashing algorithm and isnt the highest hashrate coin that uses the same hashing. It is not uncommon for a coin to have less than 1% the…

A few weeks ago while reading the flyclient paper, i came up with the idea for nSPV. Rapidly, i modified komodod to have a -nSPV=1 mode to implement the superlite functionality. since then i got most of the CC transactions being able to be created from the nSPV=1 client and…

Komodo Explorer Komodo Insight. View detailed information on all komodo transactions and block. {{ $root.title + $root.titleDetail }}iln.explorer.dexstats.info Above is the first ever transaction created by nSPV! nSPV went from idea to initial implementation during this last week. …

SPV clients are very useful for wallets that dont want the entire blockchain locally, however as the blockchains grow in length, the number of headers required grows linearly. With equihash coins, the header size is 2kb, so this effect becomes quite a large overhead, ie. 2GB per million blocks. …

Back in 2014 when NXT added support for tokens, it was brand new and unexplored territory. The ability to issue tokens and then assign whatever arbitrary value was quite a new functionality, but all of the initial usages were fully centralized around the token issuer. …