yanmaani at cock.li [ARCHIVE] on Nostr: š
Original date posted:2021-04-19 š Original message:> If only one hash is ...
š
Original date posted:2021-04-19
š Original message:> If only one hash is allowed per block, then those who wish to utilize
> the hash will have to out-bid each other ("fee-bidding"). This hash can
> then be used to create another chain ("merged-mining")
Merged mining at present only needs one hash for a merkle root, and
that's stored in the coinbase. It would be even simpler to add the
following rules:
1) No OP_RETURN transactions allowed at all
2) If you want to commit data, do so in that one transaction in the
coinbase
Also curious about how you'd handle the payment - do I need to put in a
transaction that burns bitcoins for the tx fee? That isn't free in terms
of storage either.
Published at
2023-06-07 22:51:49Event JSON
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"pubkey": "8f5bcf9ba2de88dd877a672f629a5c6a7bebbeda3fa51324521e03863d8fe094",
"created_at": 1686178309,
"kind": 1,
"tags": [
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"content": "š
Original date posted:2021-04-19\nš Original message:\u003e If only one hash is allowed per block, then those who wish to utilize \n\u003e the hash will have to out-bid each other (\"fee-bidding\"). This hash can \n\u003e then be used to create another chain (\"merged-mining\")\n\nMerged mining at present only needs one hash for a merkle root, and \nthat's stored in the coinbase. It would be even simpler to add the \nfollowing rules:\n\n1) No OP_RETURN transactions allowed at all\n2) If you want to commit data, do so in that one transaction in the \ncoinbase\n\nAlso curious about how you'd handle the payment - do I need to put in a \ntransaction that burns bitcoins for the tx fee? That isn't free in terms \nof storage either.",
"sig": "5b1fc991ad9ffa17350352f927f6ad7930b73c051e4a5e185ef927ccce3c24763691b74496a0b6297795f96846256545cd77d4070678d5e3f0a923e3a1534963"
}