LNP-BP / layer1

Paper on new bitcoin layer 1 design

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PMTs and miner incentives

ursuscamp opened this issue · comments

This is a very intriguing idea. A question I have of miner incentives: If mining is permissionless, what stops miners from deciding to not release PMTs? If there are gigabytes of PMTs for every header, why wouldn’t a miner just mine a new header to collect fees, then just not push the PMTs?

Never mind, this was addressed on Twitter: https://twitter.com/lnp_bp/status/1664973049295257605