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SatsAndSports · 8w

Thanks for the clarification. If I understand correctly, OP_CHECKSEQUENCEVERIFY can only go 65,535 blocks (about 15 months) into the future. I still think the far future is better for this 😀. The ...

ThomasV @ThomasV 1766233822

We cannot use CLTV for proof of burn, because it would allow miners to cheat. This is explained in the whitepaper: https://notary.electrum.org/n/proof-of-burn.pdf (see footnote on page 4)

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SatsAndSports · 8w

So you're saying that miners would delay the notarization transaction until the height specified in the CLTV, so that they can notarize and redeem in the same block Yes, they could in theory, and that would allow the cheating that we discussed before. But they're not going to delay the notarization...