Nick Szabo  🔑

@petertoddbtc @socrates1024 @NickSzabo4 with an OP_RETURN the side chain can also checkpoint its chain as an anti fork measure.

@Numisight @socrates1024 @NickSzabo4 That doesn't actually work - an attacker can do that too to make the checkpoints useless.

@petertoddbtc @socrates1024 @NickSzabo4 for a 100% public side chain, if only a few trusted addresses can checkpoint that reduces the attack

@Numisight @socrates1024 @NickSzabo4 Right, that's using proof of publication to hold the trusted third parties honest. Very different idea.

@petertoddbtc @Numisight @socrates1024 "Public does something" => TTPs follow political rules != honestly following protocol rules.

@NickSzabo4 @Numisight @socrates1024 The something can be leaving. Also, can enforce financial loss on fraud w/ fidelity bonds.

@petertoddbtc @NickSzabo4 @socrates1024 Fidelity bonds on who? At that point it leaves autonomous territory and enters national laws.

@Numisight @NickSzabo4 @socrates1024 A fidelity bond is a crypto enforced bond, not legally enforced. Anonymous parties can be held to them.