1. Have I understood this correctly:
In InstantTX the quorum selection needs to be pseudo random, but retrospectively deterministically verifiable.
That is to say because the masternodes have self selected by depositing funds on the blockchain you can see which masternodes where available when...
This is really helpful. Thanks.
Some questions about edge cases and related stuff:
1. From what I understand InstantTX (or Instant Send as it is now re-branded) is more about minimising the period of recipient uncertainty than sending funds instantly. Take this example: If a malicious entity...
When an InstantTX is initiated how are miners on the network notified that the output of a transaction already on the blockchain can only be spent by a transaction selected by a quorum of Masternodes? E.g. is a new block validation rule propagated across the network for the miners to follow...