Merkle proofs and 2WP (Two-Way Peg) sidechains are concepts related to the Bitcoin blockchain and its scalability solutions. Let's break down each term:
Merkle Proofs:
A Merkle proof, also known as a Merkle witness or authentication path, is a cryptographic proof that a particular transaction is included in a block. It's based on the Merkle tree structure, which is a binary tree of cryptographic hashes.
In a Merkle tree, each leaf node represents a transaction, and each non-leaf node is the hash of its two child nodes. The top node of the tree is called the Merkle root, and it's included in the block header.
To prove that a specific transaction is part of a block, you only need to provide the path from that transaction's leaf node to the Merkle root. This path consists of the hashes of sibling nodes along the way.
Merkle proofs are efficient in terms of space and can be used to prove the inclusion of a transaction without providing the entire block.
2WP (Two-Way Peg) Sidechains:
Sidechains are separate blockchains that are interoperable with the main blockchain (in this case, the Bitcoin blockchain). They allow for the transfer of assets between the main chain and the sidechain, introducing new features and capabilities.
The "Two-Way Peg" refers to the mechanism by which assets can be moved back and forth between the main chain and the sidechain. It ensures that the total amount of assets on the sidechain is always backed by an equivalent amount on the main chain.
The idea is to "peg" the assets on the sidechain to the assets on the main chain, maintaining a fixed or dynamic exchange rate. This pegging is usually achieved through a set of rules and smart contracts that govern the movement of assets.
Two-Way Peg sidechains aim to provide additional functionalities and scalability without compromising the security and decentralization of the main blockchain.
These concepts are part of the broader landscape of blockchain scalability solutions and innovations aimed at addressing challenges such as transaction throughput, confirmation times, and overall network efficiency. Keep in mind that developments in the blockchain space are ongoing, and newer solutions may have emerged since my last training data in January 2022.
Leverage buyout Greyscale or MicroStrategy
Damus needs a few selectable algorithms to filter/ present timeline ASAP.
Thereâs too much repetition and resetting of the timeline ATM.
If you want to join me, our southern border is open. You could literally walk in and our government will support you for the rest of your life.
I said it in my initial post. I want to stop providing aid to Ukraine. I am fine being labeled an "unreliable partner" who gave more than any other country by orders of magnitude.
So by that measure look which country gave more than any other? The US. Yet itâs still not enough.
You claim we reneged on the deal, but gave more than any other country.
When is enough enough? I know the answer, it will never be enough.
The addiction to US aid has no end. I realize itâs because the US set it up this way, but you can still realize the addiction and the desire of current people like myself to draw a line *somewhere*.
Realize also that I am one, very unpowerful citizen. So youâll get your money, tanks, whatever you desire for the duration of this endless war, since the military industrial complex runs our government.
Iâm expressing my desired outcome, were I king of the world.
I donât think âas a percentage of GDPâ is a good metric, because our GDP will never pay off our debt.
So we literally canât afford to send money for your border *unless we print more money and dilute (tax the citizens twice) the currency even more.* <ââ this is what I disagree with.
If WW3 comes to our doorstep, then I may change my mind, but I reject your premise that *this* Ukraine invasion is the beginning of Putin march to world domination.
How much of your GDP will you provide us if WW3 comes to our doorstep? Probably less than weâve already given. Itâs easy to tell the other guy to keep funding infinite dollars forever, but you wouldn't agree if the roles were reversed.
Interesting dichotomy you paint for the US citizen. Pay us money and weapons or youâre a genocidal murderer.
I donât accept either side.
Do you ask the same of Canadian citizens? How much have they provided?
Re: âkind Canadiansâ
Donât Canadian people benefit from our defense of Ukraine also? So are they âtiredâ of paying as well, or were they never responsible in the first place?
As a percentage of tax revenue, which country helped out Ukraine the most? How about the least?
What more could you possibly ask for? We have spent more on your country in real dollars than protecting our own southern border from an invasion.
You sound like a mouthpiece for the military industrial complex.
I have answered your question.
The end game of your position is just more and more war. There needs to be a better way.
There is no end to this. After we help you stop Russia, *then* can we stop?
Blame Russia, not the US.
The US is not the aggressor.
PS - Ukraine signed away their nukes.
*taken by force* is different than *signed a treaty*.
A treaty that Russia also signed and is in violation of. Russia is the enemy here, not the US.
https://www.newsweek.com/fact-check-did-ukraine-give-nukes-russia-us-security-guarantees-1765048
Short answer: no.
Long answer: if funding a war (causing unintended consequences) fixes some previous mistake, then Iâll choose to *not* fix a previous mistake by creating new problems.
The US has made the world dependent on their military, probably on purpose. Which now puts them in a no win situation. Defend everyone, you get endless wars (current situation). Defend yourself, the world complains that the US isnât defending them properly.
Totally self created problem, I agree. The best path forward in my opinion is not to defend everyone. It doesnât seem like a peaceful path.
The nukes were given voluntarily to the US by Ukraine. They didnât want the soviets nukes, they traded them for protection. This endless protection is the point of my post.
As requested, I gave you an example of where you assumed something about me.
I guess this is you admitting as much.
And SecTreas should not be opining on NatSec. I stand by that statement. Her opining about the IRS is in her lane, but that was not my comment.
You assume by my âend the fedâ statement in my bio that I donât âfully understand the situation.â
What makes you come to that conclusion about me?
And I was telling Yellen to âstay in her lane.â Not you.
Also why is SecTreas opining about natsec? Stay in your lane.
You make a lot of assumptions about me.
Iâm confident that the government will not act in my best interests, whichever branch and whichever person is elected.
That doesnât change my desired outcome, and doesnât make me less patriotic (that was random, btw) or less realistic.
Liberal talking points need to be ignored. Run the country on the best interests of *this country* is my only point.
I disagree with all of this. Iâm hopeful my representatives can sift thru all the political noise and actually stop funding endless wars and liberal pet projects.
Probably wonât happen, but Iâm hopeful.
trying primal, atm. Was on iris until now. Damus is good on ios, not great.
I asked the same question. Who is the arbiter of this protocol? (hint: we don't want an arbiter)
