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Current Projects: Bitcoin Verde

Joshua Green joshmg

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Current Projects: Bitcoin Verde
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@markblundeberg
markblundeberg / bip62_and_schnorr.md
Last active December 13, 2019 22:39
BIP62 and Schnorr: a new era in BCH privacy and smart contracting

Two new features are coming to Bitcoin Cash soon, hopefully in the May 2019 upgrade. I'd like to take the time to explain why I'm so excited about them. In short, we will be able to do:

  • Payment channels hidden as ordinary payments.
  • Atomic swaps hidden as ordinary payments.
  • Lightning-style payment channel networks too, if we want.
  • Secure chains of unconfirmed transactions involving multiple parties (layer 2).

That all may sound incredible, and I'm going to explain in this document how it is so.

--- Mark B. Lundeberg, 2019 Jan 29 bitcoincash:qqy9myvyt7qffgye5a2mn2vn8ry95qm6asy40ptgx2