From f42f47696cc9dcb91c63847c142173a993e06f70 Mon Sep 17 00:00:00 2001
From: calle <93376500+callebtc@users.noreply.github.com>
Date: Fri, 17 Dec 2021 23:17:25 +0000
Subject: Update bip-0052.mediawiki

Typos
---
 bip-0052.mediawiki | 4 ++--
 1 file changed, 2 insertions(+), 2 deletions(-)

(limited to 'bip-0052.mediawiki')

diff --git a/bip-0052.mediawiki b/bip-0052.mediawiki
index 9d5cff0..ea60f13 100644
--- a/bip-0052.mediawiki
+++ b/bip-0052.mediawiki
@@ -65,7 +65,7 @@ Recent events, such as the [https://twitter.com/MustafaYilham/status/13842782670
 
 <img src="bip-0052/emusk_tweet.png"></img>
 
-Whether on not the Bitcoin community accepts this common criticism as entirely valid, it has real-world effects which will only get worse over time. Eliminating the exponentially growing energy use currently built into Bitcoin without eliminating the security of PoW would be ideal and should not be a partisan issue.
+Whether or not the Bitcoin community accepts this common criticism as entirely valid, it has real-world effects which will only get worse over time. Eliminating the exponentially growing energy use currently built into Bitcoin without eliminating the security of PoW would be ideal and should not be a partisan issue.
 
 New consensus mechanisms have been proposed as a means of securing cryptocurrencies whilst reducing energy cost, such as various forms of Proof of Stake and Proof of Space-Time. While many of these alternative mechanisms offer compelling guarantees, they generally require new security assumptions, which have not been stress-tested by live deployments at any adequate scale. Consequently, we still have relatively little empirical understanding of their safety. Completely changing the Bitcoin paradigm is likely to introduce new unforeseen problems. We believe that the major issues discussed above can be resolved by improving rather than eliminating Bitcoin’s fundamental security layer—Proof of Work. Instead of devising a new consensus architecture to fix these issues, it is sufficient to shift the economics of PoW. The financial cost imposed on miners need not be primarily composed of electricity. The situation can be significantly improved by reducing the operating expense (OPEX)—energy—as a major mining component. Then, by shifting the cost towards capital expense (CAPEX)—mining hardware—the dynamics of the mining ecosystem becomes much less dependent on electricity prices, and much less electricity is consumed as a whole.
 
@@ -120,7 +120,7 @@ The HeavyHash is performed in three stages:
 # Matrix-vector multiplication
 # Keccak of the result xorred with the hashed input
 
-Note that the most efficiently matrix-vector multiplication is performed on a
+Note that the most efficient matrix-vector multiplication is performed on a
 photonic miner. However, this linear algebra operation can be performed on any
 conventional computing hardware (CPU, GPU, etc.), therefore making the HeavyHash
 hardware-compatible with any digital device.
-- 
cgit v1.2.3

