From mashuribc at gmail.com  Thu Jul 16 19:52:37 2015
From: mashuribc at gmail.com (Mashuri Clark)
Date: Thu, 16 Jul 2015 12:52:37 -0700
Subject: [Lightning-dev] Timechain - Time-Lock Encryption
Message-ID: <004a01d0c000$f823e7a0$e86bb6e0$@GMail.com>

http://roberts.pm/timechain

 

I post this here because it's a unique way to implement a time lock.
Perhaps we can find this method useful for different implementations of
HTLC's or time-sensitive rewards / penalties.  To make things even more
interesting, the authors are working on integrating adjustable difficulty
and distribution for rewards:
https://bitcointalk.org/index.php?topic=1095369.msg11741451#msg11741451.
It's tantamount to creating micro POW mining environments.  Pretty cool
stuff and possibly a uniquely useful tool for payment channels.

 

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