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Thanks for your reply. Yes I would love to integrate this with LND .
Integrating with onchain is definitely easier though. As secp256k1 elliptic curve signature can be accomplished using MPC primitives operating on top of Shamir shares
I will check out DKG . I am not super invested in Shamir . I just like the mathematical simplicity of it.
I also know there is a lot of discussion on quantum safety of various cryptography algorithms. Will have to check out how susceptible to quantum attack Shamir secret sharing is.
I like both RGB and taproot assets- in fact I run a web wallet for RGB https://mainnet.tiramisuwallet.con
RGB does not support smart contracts as of now. In other words right now it supports Altcoins and NFTs.
This would be a full-on decentralized private Multi-Party computing based side chain with smart contracts.
Python code running as MPC operating on Shamir secret shares.
This could be used to run crypto mixers or other smart contracts
To my best knowledge nothing like this exists right now.
Hi.
My telegram is @snow88488 . Please DM me. I would love to work with anyone who is interested. I would like the project to be public .
We may even be able to find some VC money.
In terms to transitioning to Bitcoin development - I think the best way to learn is to come up with an idea for a project and build it.
Ugly or nice code does not matter what matters is the willingness to learn
Bitcoin is not hard but mainstream media like to make it look like a rocket science.
Yes it would definitely be a heavier lift in terms of ensuring all MPC primitives are applied correctly. In some cases checks for hostile / dishonest actors would have to be added.
Also yea this would definitely require a sidechain / L2.
My experience with crypto is that the community rewards new coins that are easy to invest into. Not too many people even understand the fundamentals of Bitcoin.
If you don't wanna support fiat channels RGB assets and Taproot assets can be used to represent other things - they can be used for betting in prediction markets, they can represent DAO votes, they can also represent other crypto coins or they can represent Bitcoin options / futures .
Lightning network is stagnating, why not try pouring some tequila into the system ?!
Stablecoin channels would help grow lightning network even bigger and give node runners more opportunities to make SATs.
I will have to check that out. I have not heard of omnibolt.
I know lightning labs want them to get into taproot assets. RGB really want them on their protocol too
With taproot assets all fees are paid in BTC. Abe new coins created on BTC blockchain will bring more investment into BTC itself.
All coins listed above have liquidity pools in BTC.
Feel free to DM me on telegram @snow88488 or share your username