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[review] MIP-55: The Bilbao Model #55

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fix: typo
l-monninger authored Nov 11, 2024
commit 3bd77e4eb44872add13108628cb462887e796566
4 changes: 2 additions & 2 deletions MIP/mip-n/README.md
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## Abstract

We defined the Bilbao Model as an AB-FFS L2 model that features a Gas Deficit Minter, Bridge Insurance Account, low-cost DA, high centralized control, and ultimately high operational assumptions. At the core of this model is the highly controlled use of trusted signers with high liquidity to replace components proposed in the [Biarritz Model](https://github.com/movementlabsxyz/MIP/pull/54).
We define the Bilbao Model as an AB-FFS L2 model that features a Gas Deficit Minter, Bridge Insurance Account, low-cost DA, high centralized control, and ultimately high operational assumptions. At the core of this model is the highly-controlled use of trusted signers with high liquidity to replace components proposed in the [Biarritz Model](https://github.com/movementlabsxyz/MIP/pull/54).

## Motivation

The Bilbao Model is a intended as a complete response to [MD-38](https://github.com/movementlabsxyz/MIP/pulls).
The Bilbao Model is a intended as a complete response to [MD-38](https://github.com/movementlabsxyz/MIP/pulls) and a reduction of the [Biarritz Model](https://github.com/movementlabsxyz/MIP/pull/54).

## Specification