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1 sat \ 11 replies \ @ca98am79 OP 10 Nov \ parent \ on: Spaces Protocol to go live on Bitcoin Mainnet on block 871222 bitcoin
built on bitcoin, very little footprint on the blockchain cypherpunk (no premine, no separate token, no foundation) built in a scalable way
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6 sats \ 6 replies \ @0xbitcoiner 10 Nov
Just how small is the blockchain's footprint, really? Can you break down the technical stuff for me?
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0 sats \ 5 replies \ @ca98am79 OP 10 Nov
Most transactions are the size of a regular bitcoin transaction, and limited only to top-level spaces. Subspaces are handled off chain with zero knowledge proofs. So we can scale to billions of subspaces/names with little on chain footprint. The only data stored on chain is the top level space name in the transaction to open the auction. Top level spaces are limited to roughly 10 per day.
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0 sats \ 4 replies \ @andy 10 Nov
but a subspace owner can go on chain whenever they want, or do subspace delegations always stay off chain?
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0 sats \ 3 replies \ @ca98am79 OP 10 Nov
yes they can take their ownership on chain if they want, and it is treated as a top level space
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0 sats \ 2 replies \ @andy 10 Nov
once they go on chain, can they go back off chain?
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0 sats \ 1 reply \ @ca98am79 OP 10 Nov
i think so, yes - if they let the onchain subspace utxo expire and are included in the space owner receipt committed onchain afterwards
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0 sats \ 0 replies \ @andy 10 Nov
can they delegate it back to the space owner without waiting for expiration?
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0 sats \ 3 replies \ @andy 10 Nov
where is the data stored then?
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101 sats \ 2 replies \ @ca98am79 OP 10 Nov
subspaces and data related to names can be stored off chain
we have a proof of concept for subspace management here: https://github.com/spacesprotocol/subspacer
you can see how we store data off chain for example with fabric: https://github.com/spacesprotocol/fabric
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0 sats \ 1 reply \ @andy 10 Nov
how does one find that registry? For DNS we have NS records to know what server to fetch delegated data from. What do we do in spaces to find the relevant server starting from data on the blockchain?
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101 sats \ 0 replies \ @ca98am79 OP 10 Nov
the space owner publishes the zk receipt on chain so all subspace key holders have proof of ownership
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