Code Binding refers to the cryptographic linkage of specific program logic or execution rules to a verifiable commitment on a blockchain. It ensures that a piece of software or a smart contract operates precisely as intended and agreed upon. This mechanism provides assurance that the on-chain execution adheres to the pre-defined off-chain code. It helps prevent unauthorized modifications and verifies the integrity of decentralized applications.
Context
In the realm of smart contracts and decentralized applications, code binding is a topic of increasing importance, particularly for security audits and legal enforceability. Current discussions revolve around methods for transparently linking off-chain code repositories to on-chain deployments and validating their consistency. Future developments include standardized protocols for verifiable code integrity and formal verification methods to strengthen these assurances.
This research introduces Erasure Code Commitments, a new primitive constructed via a novel IOP compiler, solving data availability without a trusted setup or high overhead.
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