Sunday, August 13, 2017

Microsoft brings us side chain

One of the most unique aspects of the Coco Framework is that it leverages local hardware-based environments such as Intel’s trusted execution environments (TEEs), to facilitate the settlement of information in an off-chain Ethereum Blockchain ecosystem.By processing data in a separate ecosystem, it allows Microsoft to provide a more functional and flexible infrastructure for decentralized applications.

Trusted networks

Coco achieves this by designing specifically for confidential consortiums, where nodes and actors are explicitly declared and controlled. Based on these requirements, Coco presents an alternative approach to ledger construction, giving enterprises the scalability, distributed governance and enhanced confidentiality they need without sacrificing the inherent security and immutability they expect. 

I have to  go through the white paper to see if they enable custodial coins.  

OK, scanning the white paper we get a Redneck style architecture built on secure elements,  Too much attention the block chain.

Closing the loops
 Each of the major exchanges  swapping source and destinations.
Even without custodial coins, it is reasonable  to segment transactions according to the 'wallet sources', identifying one of several exchanges according to source destination.  In a two step  decomposition, many of the transaction loops can be closed without resorting to the official block chain. Like a virtual custodial coin.

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