Blind Merged Mining (BMM) is the idea of committing the hash of another
blockchain into a unique location on the Bitcoin blockchain, and paying a
Bitcoin fee to miners for the privilege of deciding this hash and capturing
the fees inside the other blockchain. Since miners don’t have to know what
th
This not similar to MainStay?
https://commerceblock.readthedocs.io/en/latest/mainstay/index.html
https://mainstay.xyz
On Thu, Dec 26, 2019 at 2:25 AM Ruben Somsen via bitcoin-dev <
bitcoin-dev@lists.linuxfoundation.org> wrote:
> Blind Merged Mining (BMM) is the idea of committing the hash of a
Hello Nick,
Thank you for your interest.
It is quite different. Unlike MainStay, BMM isn't federation controlled.
It's a decentralized consensus mechanism that can function entirely without
a federation. BMM blocks are chosen by the highest bidder, which can be
anyone.
Note that it would be enti