Bitcoin Socratic Seminar #9 : Scriptless Scripts, food & drinks

BitDevs Athens is a community for those interested in discussing and participating in the research and development of Bitcoin and Bitcoin-related protocols. You can be well versed with or new to the topics, all are welcome. Be advised: discussion will be ***technical***.

We are following a Socratic Seminar format that originated in BitDevs NYC: presenters introduce topics for up to 10 mins and a discussion among participants follows. It is highly recommended that participants have been through the reading material in advance. We also go through the month's Bitcoin technical news.

This day's topic will be:

1) Scriptless Scripts: an approach to designing cryptographic protocol on top of Bitcoin which avoids execution of explicit smart contracts.
This approach is primarily facilitated through adaptor signatures, the key building block of scriptless protocols. A prominent application is Mimblewimble, a blockchain design that supports only scriptless scripts, and derives its privacy and scaling properties from this.

Reading material:

• Simple explanation
• One-time verifiably encrypted signatures (paper)
• How adaptor signatures work in different edgecases common to modern Bitcoin contract design
• Introduction to scriptless scripts
• https://bitcoinops.org/en/topics/adaptor-signatures

2) Review of technical Bitcoin news. In every meetup we go through technical Bitcoin news.

How should I prepare? Read the material.
Do you hold meetups for a wider audience? Yes, please subscribe to https://www.meetup.com/blockchaingreece-0/ and review past meetups.

The event will be held in English and is free. We start at 7pm and at 9 pm we will head to dinner & drinks, all are welcome! Location is to be announced.