[Bitcoin-development] Merged mining a side chain with proof of burn on parent chain

Isidor Zeuner cryptocurrencies at quidecco.de
Thu Dec 11 12:09:16 UTC 2014

> The Bitcoin miner will include burn transactions because they offer
> Bitcoin fees. Bitcoin miner can not selectively block side chains
> since the hashes associated with the burn do not disclose which side
> chain or other project they are for. Here you have a “merged
> mining” that does not need Bitcoin miner support or even consent.

Miners might decide to block all burn transactions, and other nodes
might decide to stop relaying them. This may be considered as
preferable by all participants who do not want to add more potential
for deflation.

Best regards,


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