The trusted miners are the escrow service. They insure the best operation of recall within timeout for a fee of diminishing returns. is is the general swap between strangers, each side monitoring the other ledger during asynchronous exchange. Cloinbase and other currency trading sites does this.
The simplest ledger system that does this is the generic card adapted with te means to split cash, the basic bank function. his is turned off in default when you get a generic out of the box. Of you turn it on then the generic card will create secret coin, a system of spilling cash by quanta and any other generic card with that ledger enable can forma consistent ledger system. Mainly is is security coin, a very effective way for generic cards to test their network peers and maintain a local network of security. It is default off to retain anonymity.
Where can I get my generic smart card? Coming soon from a VC company near you. But I can see my point, what a dream to open up a had wallet with sandbox security chained to provable contracts for all my favorite and ad hoc ledger systems. A personal, trusted contract manager, the demand so enormous there must be many new startups working this in secret.
Contract provability.
This problem will resolve to a sequence of uncertain exchange where leakage needs to be managed. These are single completion points in the instruction cache, state is preserved subject to timeout, when this stable state is reached. The uncertain is the scofflaw problem which resolves to the mark to market points in a contract. These points happen when the smart card appeals to the trusted miner verdict. So those will always be some mark to market. This central point is hen the instruction cache can be erased. So provability implies the sequential erasure of a contract state.
Everything in sandbox accounting is about exposing he underlying martnigale sequences. Mark to market so this contract erases. Erasure makes all knowledge revert back to the current market ratio, it has the martingale memory. It wants Ito's calculus working for the double entry systems.
Trusted miner coin
If one took he basic generic card security cash coin and uil upon that a trusted miner ledger system. A coin system which simply tracks exchanges for one or more exchanges on behalf of the user. So, any contract that calls for an external account can be default to this other ledger, managed to a stable point, then return back to the original contract. The basic function of the ledger coin is to reach points where any two, unknown, smart cards are in agreement. Two independent smart cards can equally observe a condition on some public ledger, for example.
When two generic smart cards agree then we have provable stable point, the inherent property of generic security coin. Stable points ae Nash agreements, Coasian deal. They settle mattes, make a martingale.
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