diff --git a/bip-0301.mediawiki b/bip-0301.mediawiki index 1a6e999a..3b77f58f 100644 --- a/bip-0301.mediawiki +++ b/bip-0301.mediawiki @@ -1,5 +1,4 @@
- BIP: 301 Layer: Consensus (soft fork) Title: Blind Merged Mining (Consensus layer) @@ -11,10 +10,8 @@ Type: Standards Track Created: 2019-07-23 License: BSD-2-Clause -- ==Abstract== @@ -27,7 +24,6 @@ Our goal here, is to allow mainchain miners to trustlessly "sell" the act of fin ==Motivation== - Regular "Merged-Mining" (MM) allows miners to reuse their hashing work to secure other chains (for example, as in Namecoin). However, traditional MM has two drawbacks: # Miners must run a full node of the other chain. (This is because [while miners can effortlessly create the block] miners will not create a valid payment to themselves, unless the block that they MM is a valid one. Therefore, miners must assemble a *valid* block first, then MM it.) @@ -38,7 +34,6 @@ BMM addresses both shortcomings. ==Specification== - Note: This document uses the notation side:\* and main:\* in front of otherwise-ambiguous words (such as "block", "node", or "chain"), to distinguish the mainchain version from its sidechain counterpart. We also use "Simon" to refer to a Sidechain Full Node, and "Mary" to refer to a mainchain miner. @@ -194,8 +189,6 @@ As a soft fork, older software will continue to operate without modification. As (As a matter of fact, the only people receiving money here all happen to be miners. So there is less reason than ever to expect compatibility problems.) - - ==Deployment== This BIP will be deployed by "version bits" BIP9 with the name "blindmm" and using bit 4. @@ -217,7 +210,6 @@ Also, for interest, see an example sidechain here: https://github.com/drivechain ==References== - * http://www.drivechain.info/literature/index.html * http://www.truthcoin.info/blog/blind-merged-mining/ * https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2017-July/014789.html