Please help me understand the BIP 300 risks better. All I’m hearing at the moment is that people don’t want sidechains to use BTC as a native currency. How that negatively impacts bitcoin is unclear.
Discussion
From what I can tell - Drivechain might make miners more money and we don't know what they'll do with it.... Drivechains enable other things to be built on Bitcoin, that could be bad.... Drivechains are too complex because I am not a developer therefore they are scary and bad.
But it honestly is starting to seem more like subconscious protection of the LN related investments or some weird fears of the unknown with regards to the SEC claiming any namable entity who builds anything new on the protocol automatically renders it a security idk...
I don't see the drivechain critics talk bad about CTV or recursive covenants (in regards to complexity and potential for unforseen consequences...)
I’m ok with miners making more money provided it doesn’t impact the main chain and if I can ignore drivechains if I don’t want to use them.
It’s still not clear to me if this proposal somehow “breaks” the incentives or functionality of the main chain.
