super fascinating stuff. i appreciate the simplicity in the way that this is presented. nostr:npub15f52rwxq0cv5v7qn0zxghpwc9deprtlr52uk4uuhxt4s0z7zx7gsvfux44 excellent stuff!
i’m not convinced by the supposed allure of sidechains. most altcoiners seem at best apathetic and at worst hostile towards bitcoin. not convinced that, were BIP-300 & 301 to be adopted, it would change much of anything.
not a vote for or against, just my observation.
#btc #drivechain
I haven’t had a chance to watch this whole video, but here’s Paul’s response to Saylor and Matt Kratter on #drivechain.
https://x.com/truthcoin/status/1698122579150553257?s=46&t=-mus6KRMCVYiBoT8SMf7iA
Thanks for sharing. Serves as a good reminder that this idea has been around awhile and Paul has indeed addressed so many points of criticism over the years. I’m glad it’s getting the airtime it’s getting because it is an important concept. However, I’d still love to see more empirical evidence that miner incentives wouldn’t be adversely impacted. It’s concerning to see what’s happening over in ethereum land with MEV and Lido consolidating validator share, and I think there’s a similar risk of that w/ Drivechain that could change miner dynamics in ways that are difficult to predict.
