I think you are not noticing what I am saying; whoever slashes the sequencer could have been themselves the Data Availability Committee and sign on all blocks... Unless you mean slashing with BitVM which means the data has to be posted with BitVM hacks... In which case I check out.
Either way, it is not clear why should we bother with introducing a challenge system for DA, when we already have a proof of publication, and we would be using it not to post dick butts but to basically add something that everyone agrees is needed.
Is it really better to post tons of inflated data with BitVM challenges, than just write contracts onchain and hold the escrows accountable that way.
I didn't even mention the effect of watching the demand for smart contracts evident on chain.
Anyways, I think I understand your position now, thanks.
Replies (2)
> Is it really better to post tons of inflated data with BitVM challenges, than just write contracts onchain and hold the escrows accountable that way
Using bitvm doesn't require posting tons of data anymore. Ever since the realization that bitvm can use garbled circuits, two benefits emerged: (1) you only need to post data in the sad path and (2) the data only needs to be one or two standard preimages and hashes -- nearly the same amount of data required to resolve a lightning htlc on L1. That is far better than writing every smart contract on chain. It is cheaper for end users and less spammy for nodes.
> you think people are trying to add scalability... No, people are trying to have usuable smart contracts
I thunk they are trying to do both, and I think my proposal is the cheapest way to do both proposed so far, and as a result, also the least spammy.
> [they want an] actual smart contract language that is not as awful as BitVM
Bitvm allows you to use any smart contract lamguage you want. Normal devs are not expected to write their programs in binary circuits, that's what compilers are for.
> [bitvm] forces people to use ZKVMs that are far from water tight
I am unfamiliar with this criticism, do you have more details or a link to where I can read more?
