"L1"

Co-authored-by: Jon Atack <jon@atack.com>
bitcoin · Sep 23, 2024 · 5dc2d59 · 5dc2d59
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commit 5dc2d59
Showing 1 changed file with 1 addition and 1 deletion.
diff --git a/bip-0300.mediawiki b/bip-0300.mediawiki
@@ -219,7 +219,7 @@ Otherwise, the sidechain activates (Active is set to TRUE).
 
 === Withdrawing in Bundles ===
 
-Sidechain withdrawals take the form of "bundles" -- named because they "bundle up" many individual withdrawal-requests into a single rare layer1 transaction.
+Sidechain withdrawals take the form of "bundles" -- named because they "bundle up" many individual withdrawal-requests into a single rare L1 transaction.
 
 On the L2 side, individual withdrawal requests are periodically combined into a single CoinJoin-like withdrawal bundle. This bundle is hashed [https://github.com/LayerTwo-Labs/bip300301_messages/blob/master/src/lib.rs#L374C1-L419C2 in a particular way] (on both L2 and L1) -- this "blinded hash" commits to its own L1 fee, but (notably) it does not commit to its first tx-input (in that way, it is like [https://github.com/bitcoin/bips/blob/master/bip-0118.mediawiki SIGHASH_ANYPREVOUT]).