Why Nostr? What is Njump?
2023-06-07 18:03:40
in reply to

Luke Dashjr [ARCHIVE] on Nostr: 📅 Original date posted:2017-06-28 📝 Original message:On Wednesday 28 June 2017 ...

📅 Original date posted:2017-06-28
📝 Original message:On Wednesday 28 June 2017 12:37:13 AM Chris Stewart via bitcoin-dev wrote:
> BRIBEVERIFY redefines the existing NOP4 opcode. When executed, if the given
> critical hash is included at the given vout index in the coinbase
> transaction
> the script evaluates to true. Otherwise, the script will fail.
>
> This allows sidechains to be merged mined against
> bitcoin without burdening bitcoin miners with extra resource requirements.

I don't see how. It seems like the logical outcome from this is "whoever pays
the most gets the next sidechain block"... That's not particularly useful for
merge mining.

> This enables sidechains in Bitcoin.

There are different kinds of sidechains...

Federated peg: this already works on Bitcoin.
SPV/SNARK peg: this isn't enabled by your BIP.
Drivechains: this isn't enabled by your BIP.

How do you say this enables any kind of sidechain?

> A new block rule is added which requires that the miner's coinbase reward
> be at index 0 in the coinbase transaction's output vector.
>
> It also fixes the witness commitment output to be at index 1 of the
> coinbase transaction's output vector.

This is unacceptable, for reasons Greg already pointed out.

> This document is placed in the public domain.

Note that this is not acceptable for BIPs anymore.

https://github.com/bitcoin/bips/blob/master/bip-0002.mediawiki#BIP_licensing
Author Public Key
npub1tfk373zg9dnmtvxnpnq7s2dkdgj37rwfj3yrwld7830qltmv8qps8rfq0n