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https://www.truthcoin.info/blog/drivechain/

Just read this. Written 8 years ago. Wow. Why not bring sidechains into L1 and let them run on it essentially. Deep stuff.

🤯

I must be missing something. I don’t understand why people are getting upset. I’ve heard this proposal referred to as an attack on bitcoin.

It seems to be a group of private actors using the blockchain to pass messages to each other.

I don’t see any change to network incentives, or risk of transactions being censored, increase in data storage, or any other harm to the base chain.

🤷‍♂️

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Discussion

Interesting viewpoint. Two way pegging to another chain and the associated mining creates an additional attack surface.

Bitcoins security comes from its simplicity and minimized attack surfaces.

Nothing is stopping anyone from running a sidechain now or hard forking bitcoin to do drivechain.

I found this helpful…

https://blog.bitmex.com/drivechains/