ZmnSCPxj [ARCHIVE] on Nostr: 📅 Original date posted:2018-04-20 📝 Original message: Good morning Tyler, ...

📅 Original date posted:2018-04-20
📝 Original message:
Good morning Tyler,

Offhand, I am uncertain the first script given in "Technical Proposal" works as a "check proof-of-work" script.

Are the "[]" comments? Or are they pushes of actual data embedded in the SCRIPT? It seems to be comments...?

OP_CheckLockTimeVerify is absolute time, not relative time. Why blockheight 52560 in particular? I believe this was in 2010? Or are you thinking OP_CHECKSEQUENCEVERIFY which imposes a relative timelock?

Locking funds for a time may be enough without pulling in proof-of-work, especially since the Bitcoin blockchain itself is already proof-of-work. See my half-baked ideas for proof-of-mainstake, where locking funds in the mainchain is used as voting rights for correctness of the sidechain, avoiding normal proof-of-stake problems since the stake that backs the chain is on a separate proof-of-work chain.

Regards,
ZmnSCPxj
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