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Co-authored-by: Jon Atack <jon@atack.com>

bip-0300.mediawiki

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 ==Abstract==
 
-BIP-300 enables a new type of L2, where "withdrawals" (the L2-to-L1 txns) are governed by proof-of-work -- (instead of a federation or fixed set of pubkeys).
+BIP-300 enables a new type of L2, where "withdrawals" (the L2-to-L1 txns) are governed by proof-of-work -- instead of a federation or fixed set of pubkeys.
 
 BIP-300 emphasizes slow, transparent, and auditable withdrawals that are easy for honest users to get right and hard for dishonest miners to abuse. The main design goal for BIP-300 is ''partitioning'' -- users can ignore BIP-300 txns if they wish; it makes no difference to L1 if the user validates all, some, or none of them. The second design goal is ''security'' -- users of the L2 should feel confident that, [https://www.drivechain.info/blog/fees/ if the L2 network is paying a lot of fees], then miners will want to keep it around, and the withdrawals will therefore be processed accurately.