The Perpetual One-Way Peg w/ Ruben Somsen - The Van Wirdum Sjorsnado 12

In this episode of The Van Wirdum Sjorsnado, Ruben Somsen returns to explain his proposal to combine blind merged mining and perpetual one-way pegs in order to create a new type of sidechain. The bad news: it won't make you rich but it could help scale Bitcoin!

Timestamps:
00:00 -2:59 intro
2:59 - 5:03 introducing Ruben’s concept for a blind merge-mind chain.
5:13 - 6:03 Ruben explains the use cases for the perpetual one-way peg
6:41 - 24:13) Ruben explaining what Merge Mining is
24:41 - 29:32 The Perpetual One-Way Peg
31:09 - 32:20 why would the side chain coin be worth anything?

Helpful Links:

https://medium.com/@RubenSomsen/21-million-bitcoins-to-rule-all-sidechains-the-perpetual-one-way-peg-96cb2f8ac302

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Music:
Song Title: Segwit Sounds
By: The NakamoTones
Album: Citadel Music Produced
by: Bitcoin Audio