nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle and anyone and everyone else. I’m working on some blockchain tech and i really would like to understand the technical and philosophical reason for and against Drivechains.

Here is what i have resolved so far:

For

1) Expands btc utility by providing a safe path to move funds to a bespoke blockchain that provides specific services based on btc. Could be liquidity pool, could be uber, could be medical record NFTs.

2) allows economy of projects that safely and directly connect to BTC

3) reduces load on btc network for activities of other services

4) lowers fees for using btc in other paradigms, like on an evm

Against

1) #2 above invites scams to directly connect to BTC network

2) miners control sidechains meaning they can reorg to screw with sidechain integrity

3) btc doesnt need DC to be successful

4) not tried out on other chains (so we DO need other chains! 😉)

Do you think i have captured the debate well enough? I am interested to attain a fact based opinion on whether or not bip300/301 is likely to be accepted, and why or why not.