New post on ! BITE Phase 2 MVP Spec By: - @Stan_Kladko 🔗 Highlights: - BITE Phase 2 introduces Contract-Action-Transactions (CATs) that allow smart contracts to act on decrypted data automatically. - CATs are executed in the next block after the original transaction, ensuring efficiency and determinism without adding performance overhead. - The decryption of data happens in the same batch as the previous block, maintaining the performance of the BITE Phase 1. - Smart contracts can define an 'onDecrypt' function to handle the decrypted data, allowing for flexible and automated responses to the decrypted information. - The system includes security measures to prevent unauthorized access and ensure that game states cannot be replayed after a winner is decided. ELI5: BITE Phase 2 allows smart contracts to automatically perform actions on encrypted data without needing extra user input. It introduces a new type of transaction called Contract-Action-Transactions (CATs) that can...
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