PoW _IS_ a zero knowledge proof. The two main differences be...

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Kind-1 (TextNote)

2026-04-17T07:49:02Z

PoW IS a zero knowledge proof. The two main differences between hash rate escrow and a STARK proof are;

  1. The threshold in the former is relative, but in the later it is absolute minimum of work required.
  2. The work in STARK proofs is entirely consumed for solving the puzzle, while Drivechains are badly designed to make the voting on sidechains have zero cost to miners.

A BitVM bridge or hopefully a native covenant, can lock the vault under a mix of relative and minimum amounts of work, making any attempt to steal the funds not worth it if you are going to spend more work than the money in the vault is worth it, while an honest miner is contributing to the unlocking of funds, incrementally, while getting paid in fees that they can swap and not wait for the unlocking of the vault.

My point is, I think you don't need to know anything about ZK proofs to reason about two way pegs. You just need to understand that it is not passively secure, you need to monitor the situation... But hey that is already the case in Lightning and every and any layer conceivable.

原始 JSON

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  "content": "PoW _IS_ a zero knowledge proof. The two main differences between hash rate escrow and a STARK proof are;\n1. The threshold in the former is relative, but in the later it is absolute minimum of work required.\n2. The work in STARK proofs is entirely consumed for solving the puzzle, while Drivechains are badly designed to make the voting on sidechains have zero cost to miners.\n\nA BitVM bridge or hopefully a native covenant, can lock the vault under a mix of relative and minimum amounts of work, making any attempt to steal the funds not worth it if you are going to spend more work than the money in the vault is worth it, while an honest miner is contributing to the unlocking of funds, incrementally, while getting paid in fees that they can swap and not wait for the unlocking of the vault.\n\nMy point is, I think you don't need to know anything about ZK proofs to reason about two way pegs. You just need to understand that it is not passively secure, you need to monitor the situation... But hey that is already the case in Lightning and every and any layer conceivable.",
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