Angel \”Java\” Lopez on Blog

November 16, 2016

Connecting Blockchains (5)

Filed under: Bitcoin, Blockchain, Ethereum, FinTech, Open Source Projects — ajlopez @ 5:21 pm

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The use case I have in mind is to connect to heterogeneous blockchains: BitCoin, and Ethereum/RSK:

The main problem is that both blockchains are too different. The resolution of both use case (transfer from BitCoin to Ethereum/RSK) will be very different to the resolution of the second use case (transfer from Ethereum/RSK to BitCoin).

And the key difference is that Ethereum/RSK has smart contracts (even native precompiled contracts, if needed). The second difference is the format of transactions: BitCoin uses Unspent Outputs, meanwhile Ethereum relies on keeping account balances.

But it is an interesting and non-trivial use case, to discuss in detail in the next posts.

Stay tuned!

Angel “Java” Lopez
http://www.ajlopez.com
http://twitter.com/ajlopez

2 Comments »

  1. […] Previous Post Next Post […]

    Pingback by Connecting Blockchains (4) | Angel "Java" Lopez on Blog — November 16, 2016 @ 5:23 pm

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    Pingback by Connecting Blockchains (6) | Angel "Java" Lopez on Blog — November 26, 2016 @ 7:07 pm


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