Yeah but it's not redeemable until the block is found, at which point it is too late to convince other miners to include a UTXO in the template they mine on. You need to prove to the pool or to some miners that you own enough eHash to purchase that UTXO.
I think I just figured it out. You lock some eHash to a pubkey and the pool block template includes a coinbase output paying to that pubkey. As work continues towards the next block and shares get diluted the purchaser of the UTXO can swap eHash tokens to larger denominations.💥 ezpz
vnprc
npub16v…umhgd
2024-08-31 20:00:08
in reply to nevent1q…h8aw
Author Public Key
npub16vzjeglr653mrmyqvu0trwaq29az753wr9th3hyrm5p63kz2zu8qzumhgdPublished at
2024-08-31 20:00:08Event JSON
{
"id": "7dae3af1514d763f00ed4108897c4cb417a141ebe2f24667cbdfadd0afad83d8",
"pubkey": "d3052ca3e3d523b1ec80671eb1bba0517a2f522e195778dc83dd03a8d84a170e",
"created_at": 1725127208,
"kind": 1,
"tags": [
[
"e",
"31e36f672306553ed296a51c78d153aa1c6ccaaff5a2f8e61555368e45e2144b",
"wss://nostr.mom",
"root"
],
[
"e",
"d76da1c0a7c473487663e0e5f3a6da52a3e18afb30f80de7a78638d68b66d6c0",
"wss://nostr.mom",
"reply"
],
[
"p",
"d3052ca3e3d523b1ec80671eb1bba0517a2f522e195778dc83dd03a8d84a170e"
],
[
"p",
"d3d74124ddfb5bdc61b8f18d17c3335bbb4f8c71182a35ee27314a49a4eb7b1d"
]
],
"content": "Yeah but it's not redeemable until the block is found, at which point it is too late to convince other miners to include a UTXO in the template they mine on. You need to prove to the pool or to some miners that you own enough eHash to purchase that UTXO.\n\nI think I just figured it out. You lock some eHash to a pubkey and the pool block template includes a coinbase output paying to that pubkey. As work continues towards the next block and shares get diluted the purchaser of the UTXO can swap eHash tokens to larger denominations.💥 ezpz",
"sig": "5aa949fdb9100792880858e8f9b0012883b682c41b8ec4d3077720028967bc1f4436fad2ea9e34500fc9998953b39b6db1df43154382763cae8c019af28ccdca"
}