sipa changed the topic of #bitcoin-wizards to: This channel is for discussing theoretical ideas with regard to cryptocurrencies, not about short-term Bitcoin development | http://bitcoin.ninja/ | This channel is logged. | For logs and more information, visit http://bitcoin.ninja
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<Chris_Stewart_5>
For those who haven't seen, here is another sidechain proposal called "proof of mainstake". It uses elements of proof of stake, sidechain-headers-on-mainchain, and spv proofs to create the peg.
<Chris_Stewart_5>
He also has sections addressing the outstanding problems of PoS -- nothing at stake and stake grinding --- and how using it with btc we can avoid these problems
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<etsh>
Just have all transactions be chains and their headers
<etsh>
So you have input chain hashes and output chain hashes
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