News for hackers. Stuff that matters.

A comment on Smart contracts on Bitcoin. Parent comment

Re:Smart contracts on Bitcoin by dylkil on Thursday January 14, 2021 @05:15PM (#25783490)
So stacks is a separate network with its own consensus layer where a random miner from the bitcoin main chain is selected to write the next block, have i got that right?

What happens when they write something the rest of the stacks network disagrees with?

[ Parent | on HN ]
Re:Smart contracts on Bitcoin by opreturn on Thursday January 14, 2021 @05:25PM (#25783626)
Bitcoin miners have no role here. Anyone can sign up to be a Stack-miner by bringing in their own BTC into this network. That amount (in BTC) is distributed to those who have staked their Stack-tokens. A pRNG process (based on VDF or VRF) selects one of these miners at random to create the next block

Source: https://blog.blockstack.org/realizing-web-3-proof-of-transfe...

Edit: typo

[ Parent | on HN ]