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@ -170,7 +170,7 @@ Proving the sacrifice of some limited resource is a common technique in a
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variety of cryptographic protocols. Proving sacrifices of coins to mining fees
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variety of cryptographic protocols. Proving sacrifices of coins to mining fees
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has been proposed as a ''universal public good'' to which the sacrifice could
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has been proposed as a ''universal public good'' to which the sacrifice could
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be directed, rather than simply destroying the coins. However doing so is
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be directed, rather than simply destroying the coins. However doing so is
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non-trivial, and even the best existing technqiue - announce-commit sacrifices
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non-trivial, and even the best existing technique - announce-commit sacrifices
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- could encourage mining centralization. CHECKLOCKTIMEVERIFY can be used to
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- could encourage mining centralization. CHECKLOCKTIMEVERIFY can be used to
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create outputs that are provably spendable by anyone (thus to mining fees
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create outputs that are provably spendable by anyone (thus to mining fees
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assuming miners behave optimally and rationally) but only at a time
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assuming miners behave optimally and rationally) but only at a time
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