simplicity
Discussion
Can I get a brief tldr on the drivechain drama pls?
drivechains add a hash and a counter to the block header. it lets people, if they want to, put their coins in an address controlled by the miners. those bitcoin then can move around on a sidechain. it's like the liquid federation or the wbtc multisig but the miners are the custodians.
non-technical people and people that have delusions that bitcoin can scale by some, as yet undiscovered, magic crypto shared utxo thing (or dumber people that think bitcoin can scale just with lightning) are upset because they see a growing movement to activate drivechains and they don't get it
I’m a non technical person, how does this compare to lightning for example?
Here is an actual balanced overview of the drivechain softfork proposal:
https://cryptoadventure.com/drivechain-the-bitcoin-upgrade-to-end-all-altcoins/
Best reason against it is that if a truly private sidechain is created it will lose its special status with the SEC
My first impression is that this is so incredibly complex and autistic that bitcoin has zero hope of ever becoming mainstream.
We will learn. you will just need to use it one day not ;)
Hopefully you're not excited for this, because I sure am not while also wanting Drivechains.
lol. ngl, kind of a good point
i think it complements it