Why Nostr? What is Njump?
2023-08-17 21:43:01
in reply to

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?
Author Public Key
npub1nz3cd3mx4jf9paxwrdgqvchaprjdge9pj9t58mkusw74q5saajkqu0yxqu