techfeudalist on Nostr: Let’s see if I understand what you’re saying… The transactions are marked ...
Let’s see if I understand what you’re saying…
The transactions are marked ‘anyone can spend’ but this is a fiction. The drivechains protocol requires that only certain people spend these transactions when certain events occur.
The miners must coordinate to defend against “inappropriate” spends (where a noncompliant actor attempts to spend the ‘anyone can spend’ transaction).
That would mean the drivechains system hinges on miners holding a sufficient supermajority and therefore being able to prevent spends of valid ‘anyone can spend’ transactions.
Did I understand that correctly?
Published at
2023-08-17 21:43:01Event JSON
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"pubkey": "98a386c766ac9250f4ce1b500662fd08e4d464a1915743eedc83bd50521decac",
"created_at": 1692308581,
"kind": 1,
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"content": "Let’s see if I understand what you’re saying… \n\nThe transactions are marked ‘anyone can spend’ but this is a fiction. The drivechains protocol requires that only certain people spend these transactions when certain events occur. \n\nThe miners must coordinate to defend against “inappropriate” spends (where a noncompliant actor attempts to spend the ‘anyone can spend’ transaction). \n\nThat would mean the drivechains system hinges on miners holding a sufficient supermajority and therefore being able to prevent spends of valid ‘anyone can spend’ transactions.\n\nDid I understand that correctly?",
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}