SDT Blockchain #3

SDT Blockchain #1

Ideally, we want a private blockchain which can be independently hosted and has native support for EDDSA and MPC protocols. Let’s evaluate ChatGBT’s findings. ChatGBT: Several private blockchain platforms support EdDSA (Edwards-curve Digital Signature Algorithm) for cryptographic operations and Secure Multi-Party Computation (SMPC) for privacy-preserving computations. Below are some of

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SDT Blockchain #2

SDT Blockchain #1Ideally, we want a private blockchain which can be independently hosted and has native support for EDDSA and MCP protocols. Let’s evaluate ChatGBT’s findings. ChatGBT: Several private blockchain platforms support EdDSA (Edwards-curve Digital Signature Algorithm) for cryptographic operations and Secure Multi-Party Computation (SMPC) for privacy-preserving computations.

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We also want a Python SDK and UTXO support for depositories with indivisible items like gold coins.

ChatGBT: Summary of Platforms with Python SDK:

Hyperledger Fabric: fabric-sdk-py
Ethereum: Web3.py
Quorum: Can use Web3.py for interaction
Corda: No official Python SDK, but community-supported libraries exist
Multichain: Python API available
Hyperledger Iroha: Python SDK available
EOSIO: eos-python
R3 Corda: No official SDK; REST API integration
Tezos: pytezos
Oasis Network: Python SDK available
Zilliqa: pyzil****

ChatGBT: Here’s a summary of private blockchains that support the UTXO (Unspent Transaction Output) model:

Hyperledger Burrow: A permissioned blockchain that can be customized to support UTXO-style transaction models through its Ethereum-compatible features.

Corda: While not natively supporting UTXOs, Corda can be adapted to use a UTXO-like system for enterprise applications by creating custom states and transaction flows.

Multichain: A private blockchain framework that can be configured to support the UTXO model, making it suitable for asset management and other financial applications.

Bitcoin Private Chain (Custom Bitcoin Forks): Private forks of Bitcoin can directly inherit its UTXO-based architecture for confidential transactions in a permissioned environment.

Chainlink: While primarily an oracle network, it can integrate with private blockchains that use UTXOs for secure and private transactions.

Blockstream Liquid Network: A sidechain of Bitcoin that uses UTXOs for private transactions, offering compatibility with Bitcoin’s transaction structure.

Quorum: A private version of Ethereum that can integrate with Bitcoin’s UTXO model through custom transaction setups.

Tendermint: A BFT consensus engine that supports custom transaction models, including UTXOs, for private blockchains built on it.

Zilliqa (Private Mode): A high-performance blockchain that can be configured to use a UTXO-like model in private network mode.

Parity Substrate: A modular blockchain framework that supports the creation of private blockchains with UTXO models, allowing for customized transaction handling.

OpenChain: An open-source ledger that supports UTXO transactions, ideal for high-performance, private blockchain applications.

Conclusion: Quorum met most of the requirements natively, although Hyperledger Fabric and Corda are close seconds. Quorum's UTXO support may require some extra effort. It's also a product of JP Morgan, which probably means stability and long-term support.

ChatGBT: "Best Python Versions for Quorum Integration
While Quorum itself doesn’t directly mandate a Python version, here are the general recommendations for the best Python versions based on compatibility with the web3.py library and other tools that might be used for interacting with Quorum: Python 3.8 or 3.9

State Token Platform Overview - 2024

SDT HistoryI first posted about impedance-matched currencies over nine years ago, in Oct, 2015. But the idea was rolling around in my head for a couple of years prior, probably because of Orlin Grabbe. Back then I was saddled with the concept of a Bitcoin framework, scalability, mining and countries

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