[Bitcoin Advent Calendar] POWSWAP: Oracle Free Bitcoin Hashrate Derivatives

[Bitcoin Advent Calendar] POWSWAP: Oracle Free Bitcoin Hashrate Derivatives
From: Jeremy @ 2021-12-22  0:25 UTC ( / )
  To: Bitcoin development mailing list



Hi devs,

Today's post details how to make fully trustless hashrate derivative
contracts that can be embedded on-chain, inside of channels, options, or
inside of DCFMPs. These contracts can be used today without CTV, but they
obviously get better with CTV :)

enjoy: https://rubin.io/bitcoin/2021/12/21/advent-24/

I have not done any work to analyze the profitability of these contracts or
how you might price and risk them, or if a two sided market among miners
actually exists. That's not really my expertise.

But maybe someone can figure that out and let us all know :)

cheers,

Jeremy

--
@JeremyRubin <https://twitter.com/JeremyRubin>
<https://twitter.com/JeremyRubin>