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Challenges of type (2.) block any spent inputs or outputs to t from exiting. Challenges of type (3.) block any non-canonical inputs from exiting.

At the end of the game, only correctly exitable transactions will still be in the queue.

This construction essentially allows any input or output to exit if it satisfies the following conditions:

(1.) is satisfied for t by the challenge-response game between periods 1 and 2, and for each of t 's inputs by a type (3.) challenge in period 2.

Both (2.) and (3.) are satisfied by any type (2.) challenge in period 2.

In other words, the game determines if:

If all of these are true, then:

o \in unspent(reality(T_{n})) \setminus double\_spent(T_{n}) = E(T_{n})

Otherwise, o \not\in E(T_{n}) , which is the desired result.

Here’s a picture that attempts to illustrate the exit game:

MoreVP.png 1602x422 31.6 KB

If someone spots a mistake that causes this whole construction to be hopelessly broken, please let us know!

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Very cool construction.

Regarding the youngest input age priority. What type of structure were you thinking for clearing such a queue? If priority is solely determined by the youngest input age, what occurs if exit for transaction A (with top priority currently) is nearing the end of its challenge periods, and then an exit for transaction B (with older inputs, lower priority) is submitted?

Then if processing the queue by taking the lowest priority and checking if its challenge period has ended would result in the delay of transaction A being processed despite it’s challenge period being over and transaction B’s challenge period just beginning.

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colin-axner:

What type of structure were you thinking for clearing such a queue?

I think the 7 day cutoff system from the original MVP spec covers this, i.e. exits have age min(youngest input, 7 days).

josojo

That is a great write-up. I could not find any issues with this construction.

This “more viable plasma” will not just make token-transfers of a plasma chain much easier, but getting rid of confirm transactions will also benefit many other applications of the plasma-technology.

E.g. plasma exchanges had always the problem that not the order taker, but the order placer had a “free option” to cancel the trade right after the trade was executed. This free option was needed, since during the trade a data unavailability could happen. With this construction it should be able to allow people match an order from a orderbook with a transaction output older than the order transaction. Then, the trade can be settled with a priority of the youngest trade input. This would have the effect that the order placer knows that the priority of the trade is high enough to exit before any malicious behavior occurred and thereby we do not have to give him the “free option” to cancel the trade.

I really really like this construction of the more viable plasma!

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josojo:

plasma exchanges had always the problem that not the order taker, but the order placer had a “free option” to cancel the trade right after the trade was executed. This free option was needed, since during the trade a data unavailability could happen.

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