I literally invented [1] it a month ago. Give me a chance! lol
I've been testing it on testnet instances with a couple people but it's way too early to firm it up into a solid thing.
[1] caveat: "invented" claims too much: it's actually about practicality, the core tech was already invented, except for a couple of tweak ideas I added, so exactly to your point, as a modification to all these high-falutin' technical ideas like BABE and Glock which I personally perceive as not (yet) being structured so people could use them in everyday life scenarios.
So if you look at it from that point of view, I hope you can see why I find it unfair for you to accuse it of being impractical as an idea! I mean you'd have to actually read the paper and get into it, to develop an opinion, and I 100% understand not doing that as it's too much of a time commitment to a new thing, but yeah.
But you already ceded the important point: the issue with BitVM-ish approaches is just that they're not practical, yet, and who knows when they will be: we agree on that. The core idea of having it be trustless via cryptography, while difficult, is not non-existent.
I literally invented [1] it a month ago. Give me a chance! lol
I've been testing it on testnet instances with a couple people but it's way too early to firm it up into a solid thing.
[1] caveat: "invented" claims too much: it's actually about practicality, the core tech was already invented, except for a couple of tweak ideas I added, so exactly to your point, as a modification to all these high-falutin' technical ideas like BABE and Glock which I personally perceive as not (yet) being structured so people could use them in everyday life scenarios.
So if you look at it from that point of view, I hope you can see why I find it unfair for you to accuse it of being impractical as an idea! I mean you'd have to actually read the paper and get into it, to develop an opinion, and I 100% understand not doing that as it's too much of a time commitment to a new thing, but yeah.
But you already ceded the important point: the issue with BitVM-ish approaches is just that they're not practical, yet, and who knows when they will be: we agree on that. The core idea of having it be trustless via cryptography, while difficult, is not non-existent.