Samesishere!
@samesJust a Bitcoin Minimalist
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RE: PROPOSAL #164 - Hive Side Chain (HSC) Development Funding. Creating A Ethereum Virtual Machine Side Chain Enabling Decentralized Industry Standard Smart Contract Functionality on HIVE, Utilizing HIVE as the Gas / Base Token.
How would you say this is diff from Hive-Engine smart contracts? I interested on how current hive account can use this sidechain. Would you need new private keys or could you "reuse" your current
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RE: Implementing a Truly Decentralized Solidity Smart Contract Capable EVM (Ethereum) Side-Chain to HIVE and the Future Decentralization of the Hive.Loans Chain Moving Forward.
Yeah Private Virtual machine aren't new. Counterparty once had it-softforking smartcontract on bitcoin though it wasn't on a sidechain and suffered support for it didn't use bitcoin as native gas token.
RE: Implementing a Truly Decentralized Solidity Smart Contract Capable EVM (Ethereum) Side-Chain to HIVE and the Future Decentralization of the Hive.Loans Chain Moving Forward.
Gotcha. Though cross-bridges are a pretty hard thing to do. Often many of these cross-bridges either new a unique extra code language that both chains need-Cosmos and Polkadot or use a POS/collateral secured
RE: Implementing a Truly Decentralized Solidity Smart Contract Capable EVM (Ethereum) Side-Chain to HIVE and the Future Decentralization of the Hive.Loans Chain Moving Forward.
Hmm so it be some sort of CPU POW mining? If it is, then it be ideal to use something like Komodod DPOW to secure the POW with bitcoin hash while still having CPU.