yanmaani at cock.li [ARCHIVE] on Nostr: 📅 Original date posted:2021-04-19 📝 Original message:> If only one hash is ...

📅 Original date posted:2021-04-19
📝 Original message:> If only one hash is allowed per block, then those who wish to utilize
> the hash will have to out-bid each other ("fee-bidding"). This hash can
> then be used to create another chain ("merged-mining")

Merged mining at present only needs one hash for a merkle root, and
that's stored in the coinbase. It would be even simpler to add the
following rules:

1) No OP_RETURN transactions allowed at all
2) If you want to commit data, do so in that one transaction in the
coinbase

Also curious about how you'd handle the payment - do I need to put in a
transaction that burns bitcoins for the tx fee? That isn't free in terms
of storage either.