Replying to Avatar Geist

I've been discussing the topic with a few of the drive chain supporters and read up on it. I'm not sure if it requires much complexity aside from a new transaction type and the risk associated with it. The most coherent benefit I see is that it would provide a monero side chain validated on bitcoin, or other features we don't want to pollute block space with, maybe we get a near term solution to covenants that doesn't put the main chain at risk and let's us test the space out with real bitcoin value rather than litecoin or a testnet. I'm still trying to come to a conclusion on this, could you elaborate on your concerns?
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ShiShi21m 2y ago

Yeah because you can't have an auditable supply if you mask everything,

Hence wanting a privacy sidechain for anyone who wants it.

Also you prob wouldn't want the monero setup, most likely some combination of zero knowledge proofs & mpc to avoid a trusted setup.

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Geist 2y ago

You are saying that with a Montero side chain, there's no guarantee the peg would actually hold? I think that is kind of the idea behind being able to pull out of a sidechain, but I am somewhat concerned that a sidechain comes along that gathers mass adoption and then turns out to be flawed. I think we need a clear vision for what bitcoin as a base chain should be able to do first.