Re: [bitcoin-dev] Blind Merged Mining with covenants ( sighash_anyprevout / op_ctv )

2019-12-26 Thread Nick Gregory via bitcoin-dev
This not similar to MainStay? https://commerceblock.readthedocs.io/en/latest/mainstay/index.html https://mainstay.xyz On Thu, Dec 26, 2019 at 2:25 AM Ruben Somsen via bitcoin-dev < bitcoin-dev@lists.linuxfoundation.org> wrote: > Blind Merged Mining (BMM) is the idea of committing the hash of

Re: [bitcoin-dev] Blind Merged Mining with covenants ( sighash_anyprevout / op_ctv )

2019-12-26 Thread Ruben Somsen via bitcoin-dev
Hello Nick, Thank you for your interest. It is quite different. Unlike MainStay, BMM isn't federation controlled. It's a decentralized consensus mechanism that can function entirely without a federation. BMM blocks are chosen by the highest bidder, which can be anyone. Note that it would be