{"type":"rich","version":"1.0","author_name":"npub1dw88wd5gqsqn6ufxhf9h03uk8087l7gfzdtez5csjlt6pupu4pwsj8plrw","author_url":"https://nostr.ae/npub1dw88wd5gqsqn6ufxhf9h03uk8087l7gfzdtez5csjlt6pupu4pwsj8plrw","provider_name":"njump","provider_url":"https://nostr.ae","html":"📅 Original date posted:2022-07-11\n📝 Original message:Oops, you are right.  We need the bribe to be the output of the coinbase,\nbut due to the maturity rule, it isn't really a bribe.\n\nToo bad coinbases cannot take other coinbase outputs as inputs to bypass\nthe maturity rule.\n\nI guess that means the bribe has to be by leaving transactions in the\nmempool.\n\nAlso your point about centralization pressure is well taken.\n\nOn Mon, Jul 11, 2022 at 5:56 PM Peter Todd \u003cpete at petertodd.org\u003e wrote:\n\n\u003e On Mon, Jul 11, 2022 at 05:36:52PM -0400, Peter Todd via bitcoin-dev wrote:\n\u003e \u003e On Mon, Jul 11, 2022 at 04:35:02PM -0400, Russell O'Connor via\n\u003e bitcoin-dev wrote:\n\u003e \u003e \u003e \u003e What happens after that I'm not sure.\n\u003e \u003e \u003e \u003e\n\u003e \u003e \u003e\n\u003e \u003e \u003e Miners will learn to create anyone-can-spend outputs to bribe other\n\u003e miners\n\u003e \u003e \u003e to build on their block rather than reorg it.  (Due to the coinbase\n\u003e \u003e \u003e maturity, this will require some amount of floating capital.)\n\u003e \u003e\n\u003e \u003e ...and that's a disaster for mining centralization, because the smaller\n\u003e miners\n\u003e \u003e need to pay larger bribes than larger miners. Not to mention having to\n\u003e keep\n\u003e \u003e capital around to do it.\n\u003e\n\u003e Also, note how from a practical point of view, we'll need to add a new\n\u003e type of\n\u003e tx that's only valid in a specific block, or other miners will just reorg\n\u003e those\n\u003e anyone-can-spend outputs to steal them. It's not all that trivial to\n\u003e actually\n\u003e do that... you'd have to have a signature that commits to the non-segwit\n\u003e part\n\u003e of the coinbase outputs. Ugh.\n\u003e\n\u003e --\n\u003e https://petertodd.org 'peter'[:-1]@petertodd.org\n\u003e\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20220711/2b9c824a/attachment.html\u003e"}