📅 Original date posted:2013-06-14
📝 Original message:On Thu, Jun 13, 2013 at 03:39:32PM +0200, Adam Back wrote:
> I had one thought towards this which is a different kind of merged mining.
>
> I think a "fair" merged mining aiming for price parity would be done by the
> miner having to choose the altcoin or btc at mine time, and altcoin chain
> considering btc mine unspendable and bitcoin considering ac unspendable.
One way to look at what you are describing is to say you want to prove
your sacrifice of potential BTC earnings. That goes back to the PoW
hashcash stuff I mentioned earlier, and is accomplished by simply mining
shares with an unspendable coinbase to prove you did work that could
have resulted in Bitcoins, but didn't.
--
'peter'[:-1]@petertodd.org
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Peter Todd [ARCHIVE] /
npub1m2…a2np2
2023-06-07 15:03:21
in reply to nevent1q…vhah
Author Public Key
npub1m230cem2yh3mtdzkg32qhj73uytgkyg5ylxsu083n3tpjnajxx4qqa2np2Published at
2023-06-07 15:03:21Event JSON
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"content": "📅 Original date posted:2013-06-14\n📝 Original message:On Thu, Jun 13, 2013 at 03:39:32PM +0200, Adam Back wrote:\n\u003e I had one thought towards this which is a different kind of merged mining.\n\u003e \n\u003e I think a \"fair\" merged mining aiming for price parity would be done by the\n\u003e miner having to choose the altcoin or btc at mine time, and altcoin chain\n\u003e considering btc mine unspendable and bitcoin considering ac unspendable.\n\nOne way to look at what you are describing is to say you want to prove\nyour sacrifice of potential BTC earnings. That goes back to the PoW\nhashcash stuff I mentioned earlier, and is accomplished by simply mining\nshares with an unspendable coinbase to prove you did work that could\nhave resulted in Bitcoins, but didn't.\n\n-- \n'peter'[:-1]@petertodd.org\n00000000000000b7dc90d34b08218b76687c0cd8a00878fea13d4ce98b0f4df0\n-------------- next part --------------\nA non-text attachment was scrubbed...\nName: signature.asc\nType: application/pgp-signature\nSize: 198 bytes\nDesc: Digital signature\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20130614/e7325843/attachment.sig\u003e",
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