Randpay is a technology developed in Emercoin for blockchain micropayments that can be more effective in some scenarios than the Lightning Network, as seen in the paper. The protocol is based on the concept of Ronald L. Rivest published in the paper ‘Electronic Lottery Tickets as...

Blockchain-enabled smart contracts create self-executing transactions that automatically capture assets to satisfy obligations. They are a form of asset partitioning. Some scholars compare smart contracts to self-help, analogous to security interests. Others describe the asset-shielding function...