The first rule of bitcoin is don't break bitcoin.
The second rule of bitcoin is don't break bitcoin.
The third rule of bitcoin is don't break bitcoin.
The fourth rule of bitcoin is try to conservatively improve it where possible.
One of the biggest risks in any engineering project is the problem of over-engineering and adding more and more complexity until the design gets bogged down.
Please help me understand the BIP 300 risks better. All I’m hearing at the moment is that people don’t want sidechains to use BTC as a native currency. How that negatively impacts bitcoin is unclear.
From what I can tell - Drivechain might make miners more money and we don't know what they'll do with it.... Drivechains enable other things to be built on Bitcoin, that could be bad.... Drivechains are too complex because I am not a developer therefore they are scary and bad.
But it honestly is starting to seem more like subconscious protection of the LN related investments or some weird fears of the unknown with regards to the SEC claiming any namable entity who builds anything new on the protocol automatically renders it a security idk...
I don't see the drivechain critics talk bad about CTV or recursive covenants (in regards to complexity and potential for unforseen consequences...)
I’m ok with miners making more money provided it doesn’t impact the main chain and if I can ignore drivechains if I don’t want to use them.
It’s still not clear to me if this proposal somehow “breaks” the incentives or functionality of the main chain.
You mean like Taproot? Drivechain is a breeze of simplicity, and activating it could mean a nice and clean ossification for Bitcoin.
When you're a hammer the whole world is a nail. Just because it might be technically simple dosnt mean it's low risk.
"If it ain't broke don't fix it" it ain't broke except for #inscriptions..👎
Drivechain is indeed a breeze for simplicity. If anyone has any doubts, they should go read BIP119 and then go read BIP300.
Ironically nostr:npub180cvv07tjdrrgpa0j7j7tmnyl2yr6yr7l8j4s3evf6u64th6gkwsyjh6w6 seems to have this principle perfectly internalized as Nostr's inventor and lead designer, but not as a bitcoiner 😅
This is an attack on bitcoin. It's an attack on me. It's an attack on you. It's an attack on personal liberty, and everyone that owns, supports and uses Bitcoin.
To understand why it's an attack you have to clearly understand what Bitcoin IS!
Bitcoin is very low Bitcoin transaction fees. Bitcoin is #fullnodes that almost everyone can run for themselves. Bitcoin is the most secure financial network in the world.
Bitcoin is code development and maintenance that fully understands the aforementioned, and STRICTLY! adheres to it.
Another name for all of the above is the often used phrase that Bitcoin is (permissionless, immutable, open source, censorship resistant, trust minimized).
You can't be a developer, maintainer or supporter of Bitcoin unless you CLEARLY! understand what Bitcoin IS!, And ZEALOUSLY! protect it.
I think I understand now why Linus Torvalds is alleged to curse so much. I bet people have come at him with numerous bullshit attacks on his gift to humanity. All for their narrow self-interest. Aka Washington, Wall Street and Politics.
Bitcoin's code base must be cleaned up and locked down. All that garbage that's compromising Bitcoin must be stripped out and trashed. Like #inscriptions #ordinals #nfts #BRC20 #sidechains #drivechains #highfees etc.
I realize some people will disagree. But Bitcoin doesn't give a fuck, and I don't give a fuck. All of the above is what I'll ACT! on, and I suggest you do the same. "Come with me if you want to live (Terminator)..⚖️👮♂️😠🧡👑🗽
that's not how nature engineers.
nature throws out the trash and starts over.
if BTC is that fragile then it is trash.
