I came across some documentation relevant to AZ Money that I'd like to share.
https://fiatjaf.com/drivechain.html
https://github.com/bitcoin/bips/blob/ma ... .mediawiki
The rabbit trail runs deep, there are some other great references linked from the above link.
It would be great to get some discussion going on the subject of AZ Money becoming a bitcoin sidechain!
Recommended reading and discussion
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- Posts: 14
- Joined: Thu Aug 03, 2023 2:33 pm
Re: Recommended reading and discussion
I guess I'll get this conversation started in fashion!
In regard BIP300 and drivechains/sidechains this statement by Paul Sztorc begs my question below. He writes, "In Bip300, txns are not signed via cryptographic key. Instead, they are "signed" by hashpower, over time. Like a big multisig, 13150-of-26300, where each block is a new "signature"".
Does the current thinking behind AZ Money align with Sztorc's statement about txns not being signed cryptographically but instead by hashpower? It seems like Sztorc is proposing an either-or solution. Could you choose both?
In regard BIP300 and drivechains/sidechains this statement by Paul Sztorc begs my question below. He writes, "In Bip300, txns are not signed via cryptographic key. Instead, they are "signed" by hashpower, over time. Like a big multisig, 13150-of-26300, where each block is a new "signature"".
Does the current thinking behind AZ Money align with Sztorc's statement about txns not being signed cryptographically but instead by hashpower? It seems like Sztorc is proposing an either-or solution. Could you choose both?