storm-spec

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Possible problem for data redundancy application

4

The Storm protocol is useful for two main use cases: 1. I want to store some data but I do not have enough space on my devices, so I rent...

fedsten

Bob renegotiates to exploit uncertainty in future value of information

2

I can foresee the following game-theoretic problem. Bob knows that with non-zero probability he has become monopolist on the resource that we can label “key to Alice’s information”. This gives...

sabina-sa

Where is the probability in PCP here?

1

I believe that there is some confusion about the proposed PCP (maybe it's just me, though). First, I feel that since the HTLC-settlement-tx must be pre-signed by Bob, Bob needs...

stefanwouldgo

Suggestions for improving the presentation

1

Thank you for this proposal. I've been thinking about similar schemes (paying for storage with pure bitcoin in a trustless manner) for a long time. I think your proposal has...

stefanwouldgo

Bob can cheat

5

Bob just waits. Either the funding tx-CSV times out - he just takes the money. So Alice IS FORCED to publish the pre-signed HTLC settlement tx. Then Bob just takes...

stefanwouldgo

Possible counterparty risk with timelocks

5

To mitigate counterparty risk in the scenarios N2 and N3 as described in the protocol overview, timelocked conditions are used in the outputs of the funding transaction and of the...

fedsten

what is L3?

2

Hey, please give an explanation of L2/L3!

ghost