purely functional on-chain smart contracts. about amoveo

[zack-bitcoin]

Instead of making a new governance variable, we could reuse the one for making accounts. And have 1 byte of smart contract cost the same as 1 byte of accounts.

[zack-bitcoin]

This would just be 1 new tx type.
Maybe we should call these purely functional smart contracts "libraries".

We would need to include merkel proofs of all the libraries we will use with our channel_solo_close and channel_slash txs. This merkel proof would include the entire smart contract definition.

So this method only saves block space if multiple people are using the same smart contract in the same block.

Something in spk.erl needs to insert all the library definitions into the chalang contract before running it in the chalang vm.

[zack-bitcoin]

Some nodes could choose to download blocks without merkel proofs, and for them this would save a lot of space.

[zack-bitcoin]

If we use sharding, and we want all the contracts to be available to all the shards, then that means 1 byte of libraries is much more expensive than 1 byte of accounts.
So I guess it does need to be a new governance variable.