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Up until now I never read a good explanation of what DC is.

LN certainly has its issues. The idea of locking Bitcoins to transact with Bitcoin seems ridiculous. And so I am not a 100% convinced it will be the future.

But at least for what we have now seems like it’s doing ok.

The worst the LN can do is everyone closes shop, and all the coins go back to their owners.

Opt in or out. DriveChain is irreversible. Let Lightning crash and burn first, then we will go back to DC.

B.O.P 2y ago

See that’s my main concern. I know Bitcoin needs to grow to survive but if we go down the wrong path that’s hard to recover from

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Discussion

TKay 2y ago

Yeah, LN is what we have now with it’s good and bad. It’s doing what we need for the time being.

No point of waking up a giant if it’s not absolutely necessary.

B.O.P 2y ago

I’m interested in BitVM which has been touted as doing the same thing as Bip300 or similar without changing basechain

TKay 2y ago

BitVM feels like these folks who build computers inside of Minecraft.

We gotta wait and see how capable it will be.

B.O.P 2y ago

😂 that’s hilarious, I used to try doing this shit

TKay 2y ago

It will probably mimic those capabilities.

Sovereign Matt 2y ago

This is from one of the authors of BitVM.

https://x.com/super_testnet/status/1711425019656450400?s=20

This is from the founder of bitVM:

https://x.com/robin_linus/status/1659905649520656384?s=20