We already have sidechains, and nobody gives a shit about them. The idea that we could have all these noble scientists experimenting on one of only 256 sidechains slots is absurd. People don't create shitcoins, because they cant do it on bitcoin -- they shitcoin to scam people with a set of buzzwords surrounding an emergent technology. Nobody will care about sidechains, ESPECIALLY BITCOINERS (bc Sztorc would rather cram his dick down our throat tha be bothered to do what every other BIP advocate has done) and we opened up yet another attack surface in the process. FTS
Discussion
My point exactly. Even if everything else would be alright, shitcoins would still shitcoin because they want to create money out of thin air. This wouldn't work for them that well on drivechains so they wouldn't use them.
So Sztorc's argument that drivechains will kill altcoins is TRANSPARENTLY false and pandering to maxis
I guess it’s how you interpret to me he’s saying eradicate the need for altcoins.
Maxis say “just use bch if you want big blocks, just use Monero if you want privacy, just use eth if you want smart contracts and stablecoins”
Why not allow that optionality on btc layer 2 without the altcoin?
More people will be inclined to use btc on layers 2s instead of shitcoinery on other chains.
Part of his argument for sure.
Other argument is that we could create sidechain providing great privacy.
Issue with this arguments are two in my opinion:
1. We can achieve really great privacy on regular L2s and lightning as well. It just needs some time.
2. Due to small anonymity set on sidechain the privacy is highly questionable anyway.
So yeah, I don't see any argument sufficiently strong and urgent in my eyes. But what do I know, I'm just 80IQ pleb.
The #Bitcoin #code will have to be cleaned up and lockdown. A lot of things will have to be stripped out and removed.
Like #inscriptions. Maybe #TapRoot. It's not clear it's worth the trouble for Bitcoin. Because frankly, that's all that matters. #Bitcoin..🤔💡👑