BitShares Forum

Main => General Discussion => Topic started by: Akado on May 17, 2015, 07:20:56 pm

Title: World's first ACCT has been performed by the CIYAM Team
Post by: Akado on May 17, 2015, 07:20:56 pm

https://docs.google.com/file/d/0B4vYMJwBtRGLLVQ0OElQRzJackE/edit?pli=1

just fyi

I don't know the implications of integrating this in BTS because of TITAN but anyone can use it

Title: Re: World's first ACCT has been performed by the CIYAM Team
Post by: cass on May 17, 2015, 09:17:10 pm

:) Congratz to all parties involved!
Guess a piece of crypto history is written today…

Title: Re: World's first ACCT has been performed by the CIYAM Team
Post by: Tuck Fheman on May 17, 2015, 09:28:54 pm

 :D

Title: Re: World's first ACCT has been performed by the CIYAM Team
Post by: bitmeat on May 17, 2015, 10:26:18 pm

This is incredible. I'm stoked! :)

Title: Re: World's first ACCT has been performed by the CIYAM Team
Post by: bitmeat on May 17, 2015, 10:37:40 pm

Soooo freakin' awesome!!

An Atomic Cross-Chain Transfer between Burst and Qora has been occurred successfully

(http://i.imgur.com/BwwojX1.png)

(http://i.imgur.com/2CJH6Hm.png)

(http://i.imgur.com/HYCI67T.png)

Title: Re: World's first ACCT has been performed by the CIYAM Team
Post by: Akado on May 17, 2015, 10:58:56 pm

History was made. Imagine the possibilities!

Title: Re: World's first ACCT has been performed by the CIYAM Team
Post by: Tuck Fheman on May 18, 2015, 12:16:12 am

(https://41.media.tumblr.com/91d8deaf1bf184aa502c9a656b0102f1/tumblr_noineeey1I1rtef2wo3_r1_1280.png)

Title: Re: World's first ACCT has been performed by the CIYAM Team
Post by: starspirit on May 19, 2015, 07:46:08 am

I'm way from an expert in this area, but for my learning, how can the Qora AT be sure that Alice has sent a valid key for Bob's Burst transaction, when it transfers the Qora to Alice and only then reveals the key to Bob. Can Bob's key fail? It must know this, I'm just not sure how.

What does the BitShares development team think of this news and what are the implications for Bitshares?

Title: Re: World's first ACCT has been performed by the CIYAM Team
Post by: bitmeat on May 19, 2015, 08:08:10 am

Quote from: starspirit on May 19, 2015, 07:46:08 am

I'm way from an expert in this area, but for my learning, how can the Qora AT be sure that Alice has sent a valid key for Bob's Burst transaction, when it transfers the Qora to Alice and only then reveals the key to Bob. Can Bob's key fail? It must know this, I'm just not sure how.

What does the BitShares development team think of this news and what are the implications for Bitshares?

The implications are that you could built a decentralized exchange this way. So by the time Bitcoin comes up with side chains - they will be obsolete.

UPDATE:  For BitShares implications - it should implement it, but seeing the progress so far, I doubt it would happen anytime soon.

Title: Re: World's first ACCT has been performed by the CIYAM Team
Post by: xeroc on May 19, 2015, 08:48:26 am

Quote from: bitmeat on May 19, 2015, 08:08:10 am

UPDATE:  For BitShares implications - it should implement it, but seeing the progress so far, I doubt it would happen anytime soon.

cass arranged talks between Dan and Ian in the past already IIRC. The current issue is lack of human resources. I am certain that once the next release is is out and running without major hickups the devs will (or should) approach CIYAM again

Title: Re: World's first ACCT has been performed by the CIYAM Team
Post by: Tuck Fheman on May 19, 2015, 09:23:17 am

Quote from: xeroc ¯\_(ツ)_/¯ on May 19, 2015, 08:48:26 am

Quote from: bitmeat on May 19, 2015, 08:08:10 am

UPDATE:  For BitShares implications - it should implement it, but seeing the progress so far, I doubt it would happen anytime soon.

cass arranged talks between Dan and Ian in the past already IIRC. The current issue is lack of human resources. I am certain that once the next release is is out and running without major hickups the devs will (or should) approach CIYAM again

Quote from: bytemaster on April 29, 2015, 10:34:39 pm

I have been in talks with Ian since the early days of BTS.   I have reviewed his work and consider it superior to Ethereum.  I would likely take an approach similar to his and adopt his code if it gains any traction and is proven.   Performance is my primary consideration as well as simplicity.