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Simple Locking Contracts: Part 2
The Ballad of Saint Hodl Inactivity strikes us as intelligent behavior. Neither we nor most business managers would dream of feverishly trading highly profitable subsidiaries because a small move in the Federal Reserve’s discount rate was predicted or because some Wall Street pundit had reversed his views on the market. Why, then, should we behave…
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A Brief Introduction to Blockchain Stargates
Scaling without gimmicks From 1997–2007 the series Stargate SG-1 chronicled the experiences of a team of adventurers who traveled through an ancient worlds with a technology known as a Stargate. It was a stable wormhole that allowed anyone who entered the ability to travel to a different planet and return home once their adventure was…
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Simple Locking Contracts: Part 1
There are two ways of constructing a software design: One way is to make it so simple that there are obviously no deficiencies, and the other way is to make it so complicated that there are no obvious deficiencies. The first method is far more difficult. — C.A.R Hoare The Hash Box This is probably one of the simplest…
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Ethereum Cross Chain Atomic Swaps
In this article, we will create a series of contracts which will allow two people to exchange coins across chains in a trustless atomic manner. An atomic transaction is an indivisible and irreducible series of transactions such that either all occur, or nothing occurs. The contract used is complimentary to BIP-199 so it can be…