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Moduli

:MMenge Mining
Mining
*
Merge chain
A cross swaps
*
Sudechains contracts .

smart
* Ethereum &

DR K USHA
VIT, VELLORE
technical
This section provides the
bdkoin and alboin .

between
interactions

MergeMig
: -

Las of 20lb
Kelvin 's
hash powered alteoin
the
.

that any of
dwarfs
More mining power
-

generated
miners q mining
by powerful
than
bree
entire set
of
pools -

alkoins .

above
case ,
the
Based on could
altioin
small
attack against
raised
forks 4
causing kill Alboin
easily
.

which
hasnt
asialkoin
-

general reffued
This is often
Altw
uinfantiwdé .

Litwin
Eg:¥n / .
→ Ethereum,
→ Monaco ;
dosgecoin
Telecom
,
stahigy used to
Merge mining
-

the attain
mine blocks both on
time
at same
.

and on Bitcoin
transaction
do this creation of
→ To
and the
both Bitcoin
including them
valid in
Alboin, making
Blockchain.s
both
alboin
by creating
a
→ This possible ,
transaction
into

allows bitcoin
which rules can be
Since attain
Blocks
changing q
,
but
manipulated is harder
rules
.

Bitcoin the
mined alteoin ,

merge
-

compute Bitcoin

In a

task is to
contains
mining coin base stsitpersig
Blocks whose alteoin
pointer to an

a hash
block .
\
-
.
I

→ the block now do double -

duty -

clients looks as
Bitcoin
block with a

the bitcoin ,
be
some of transaction
can

in loiwbase
hash

¥É# transaction
the

ignored coin
Brit
Block by ignoring alteoin
transactions
at the
and
looking hash on the

louuuitted to by
me

coin base transaction


.
→ Basic
objective of merge mining
mined
is attain canbe
by
without
the Poitevin minus , any
additional hash
requirement of
power .

Bitcoin qalhoin

need
Mining target for
Hot to same .
Alteoin
Network

computes the
target
and difficulty for
Bitcoin
independently
the
its blocks of
network .

adjust
the

→ Alboin & Bitcoin can

based
level of
the
targets
difficultybiome
the
taken to
mine
only ,
on

Block is
This means
alboin 's target 's
→ Bitcoin
much less
than

typicallySome alteoin blocks


will -
not

target
.

valid bitcoin Blocks .

point to
HEY Souring 4 : -

is
Bootstrapping qalt
coin
✓→
easier
using merge moving
.

attack
attain
infanticide
.i¥easib#

mining .

mÉTswaps_
is

creating
transactions
-

* Swap that
transaction assets
a single or
the currency or

swaps different people


controlled by
is
entities .

transaction
all coin
of
/ independent
-

* one

entirely different
no way of suffering
and has

to a
transaction that happens
or some other transaction
history .

Alice wants
to sell alkoinci
eg :

b' Bob 's -

of
'

to bitcoin
done in
it can be
whether
atomic fashion .

Tansy
a

this can be
done by
commitments q
cryptographic
locked deposits
.

time
-

¥ a

{
.

-
c-


.

- .


-

I
AK-coins-side-hains.nbootstrapping
sidedrainsi.ee
Bid
standard pricing
rate
/
exchange
in
phase .

attains
for ^^
^^
"*
"" "

µ?
"
a
alboin .

mint
and
alboin normally
this
② spend blockchain
.

on
altcoiu and
attain bitcoin
an

③ Burn eschewed
redeem
previously are
built .

chains
side a

For
this
converting
coins from is this
Allow to bitcoin
back
chain Verifying
side
spy for
spa - using tansaehin
particular

the proof of
in side chain
happened
.

coutnsiugatansfa :
-

the
sideehaiir
① inclusion of chain
in a
wide
transaction
block
showing
headers
block
② sideehaiu received
a

has
block
confirmations
that this
number of
rlumulativily represents
a
certain

which wook .

proof of
-

certain amount q

iompat
pnoofs-via-pnof-qavok-saupb.io
.

.
.

.
.
EH audsmartconhals
:-

which
is an
alteoiu
→ Ethereum
tuning completeness -

aims to provide a

writing
language for
programming
contracts
/
.

scripts

progcaonmiugmodil-i.tt
bact
smart
to
contract
enforce
-
use
of computer
contracts .

systemEthereum is
a

contract

blockchain
tue
* In ,
lives on
that in
written
program this contract is
Ethereum
executed CEVM)
.

and
Bytecode machine .

speuficvistual_
.

live
will
contract the

* owe uploaded ,

on
blockchain .
* It has its own balance
of funds
,

other
users can
make
procedure
APIs and contract can
calls through
send 4 receive money .

iuetherunr
:

Egl :-X
Ethereum :
in
chess
: -
Egz

tb:-
ledge based
Model
* account
-

in ethereum
is used
:-
Undang
Eme digest
block contains
a

Every transactionse
statebalancecovert)

current address
of every
q
storage
the state
(balance

contract .

every
:
References
-

I. ,
A. Bonneau,
Narayanan , ,

A. , and Goldfeeler ,

Miller
Felten, E. ,
,

S .
Coolio) .
Bitcoin
and
Cryptocurrency
introduction
comprehensive
technologies
: a

Press
Princeton University
.

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