The extreme case of this could be very interesting for game theory, leading to just one notary getting a very large monopoly
Imagine a single notary does a deal with all the big mining pools which to...
> I think the only solution is to really make sure that today's miners don't see any value from the burning, so either notarizing to an OP_RETURN, or use CLTV to send it very far in the future
What do you think of this as a solution? I think it might address some of the perverse incentives of proof-of-burn, although it unfortunately loses the nice *security-budget* property.
What do you think of this as a solution? I think it might address some of the perverse incentives of proof-of-burn, although it unfortunately loses the nice *security-budget* property.