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RE: PROPOSAL #164 - Hive Side Chain (HSC) Development Funding. Creating A Ethereum Virtual Machine Side Chain Enabling Decentralized Industry Standard Smart Contract Functionality on HIVE, Utilizing HIVE as the Gas / Base Token.

in #dhf • 3 years ago

How would you say this is diff from Hive-Engine smart contracts?
I interested on how current hive account can use this sidechain. Would you need new private keys or could you "reuse" your current keys like hive-engine does?

3 years ago in #dhf by
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     3 years ago  

    It differs greatly from Hive-Engine due to the fact it's distributed computing on a decentralized Virtual Machine Stack rather than base58 encoded javascript running independently on boxes and comparing hashes. The technical difference is immense.
    The goal is to implement a bit of custom code in regards to accounts and addresses borrowing some magic from the Ethereum ENS. Noticed a few forks of ETH were able to use keys similar to what we use here so will hopefully leverage that.

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