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100 sats \ 1 reply \ @TRUTHSEEKER20 31 Jul \ parent \ on: RGB yellowpaper: the formal specification of Bitcoin & Lightning smart contracts rgb
Ah, i can see that treating the state changes like UTXOs tied to ownership via single-use seals really simplifies the coordination problem. It’s kind of elegant how conflict resolution becomes unnecessary because ownership is binary: either you hold the right to update a piece of state, or you don’t. No global state to argue over, just local truth. Feels very in line with Bitcoin’s ethos. i suppose
Actually you do also have a global state, but it is append-only: a kind of pile where everyone can add, but no one can change or remove. It is “unowned”.
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