Post
Topic
Board Development & Technical Discussion
Re: Bitcoin attestation service with MainStay
by
mr_sparkles
on 22/07/2018, 17:06:48 UTC
The blog post doesn't really give much technical details, but the "attestation to Bitcoin" sounds a lot like merged mining.  How is your system different/better?

Did you get a chance to read our white paper on the subject?

https://www.commerceblock.com/wp-content/uploads/2018/03/commerceblock-mainstay-whitepaper.pdf

This could be a really powerful feature for sidechains - the benefits of merge mining but without needing Bitcoin miners to do anything.
But if I understood it right, someone or a group needs to keep paying the Bitcoin to keep it going. Who would pay if the sidechain is decentralised? (like with proof of work or proof of stake)