Replying to Avatar LogicallyMinded

The arguments I can see against #BIP300 so far:

1) #Drivechain will strongly be associated with the #Bitcoin brand. Something bad happening in a drivechain (hack, scam) would reflect poorly on the #BTC brand.

2) Drivechains could siphon liquidity from the base layer. A drivechain’s token may attract more liquidity than BTC.

3) Drivechains could introduce regulatory risks. If a drivechain isn’t decentralized or is deemed non-compliant, it could help authorities to make the case for regulating Bitcoin.

4) Drivechains haven’t been properly reviewed and tested yet. There is no rush to deploy them.

#Blockchain #Crypto
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Cyber Seagull 2y ago

4) No need to rush. not tested

they have had a test net and test sidechains for years. No one wants to rush it. We want to follow normal good faith procedure as any other bip.

But if the arguments continue to be dumb memes and not technical reasons, miners reserve the right to fork.

Also, how do you know there is no need to rush ? What if something that threatens bitcoin but can be mitigated by DC , is one month away ? Prepparing for emergencies, which DC enables, is rarely a bad thing

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