Good morning Tyler,
Offhand, I am uncertain the first script given in "Technical Proposal" works as
a "check proof-of-work" script.
Are the "[]" comments? Or are they pushes of actual data embedded in the
SCRIPT? It seems to be comments...?
OP_CheckLockTimeVerify is absolute time, not relative time. Why blockheight
52560 in particular? I believe this was in 2010? Or are you thinking
OP_CHECKSEQUENCEVERIFY which imposes a relative timelock?
Locking funds for a time may be enough without pulling in proof-of-work,
especially since the Bitcoin blockchain itself is already proof-of-work. See
my half-baked ideas for proof-of-mainstake, where locking funds in the
mainchain is used as voting rights for correctness of the sidechain, avoiding
normal proof-of-stake problems since the stake that backs the chain is on a
separate proof-of-work chain.
Regards,
ZmnSCPxj
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