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@andy
stacking since: #62556longest cowboy streak: 3
0 sats \ 1 reply \ @andy 11 Nov \ parent \ on: Spaces Protocol to go live on Bitcoin Mainnet on block 871222 bitcoin
what do you do for a sub sub space? user.subsubspace.subspace@space? the syntax just seems weird.
So, for this protocol, as long as people agree on a genesis block number and a set of consensus rules, the bitcoin blockchain is just used as a timestamping system for all transactions submitted? Is there anything else besides these 3 things that glue the trust in the system together? What else could cause a chain split in the spaces protocol?
OK, so it seems like the transaction is not really done off chain, but instead, all metadata for the transaction is just not necessarily stored on chain?
for example, in the early days of spaces protocol, there won't be tons of subspaces per space, so if a subspace wants to be delegated, they aren't going to want to wait days or weeks for the space owner to have more transactions to aggregate delegation of, so each subspace transaction is practically going to require a single on chain transaction if there is no others to aggregate with?
i guess I'm trying to understand if this has a similar paradigm as zkcoins and taproot assets?
is it really an off chain transaction then if there needs to be a zk receipt placed on chain? or, is it really that you get a benefit in that all off chain transactions can be aggregated into a single on chain?
how does one find that registry? For DNS we have NS records to know what server to fetch delegated data from. What do we do in spaces to find the relevant server starting from data on the blockchain?