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60% of miners already merged mine rootstock federated sidechain.

Satoshi and Hal finney were merged mining namecoin in 2011.

Nobody seems to care about that but when drivechain does it oh naughty 👿.

It’s not the mining that’s a problem. It seems they’re just reselling the same hashes. The problem is that they shouldn’t have power to validate bitcoin transactions. That power is reserved to bitcoin nodes.

Don’t have a problem with federations either. Federations are fine, whether Liquid or RSK. The chain validators are outside the bitcoin ecosystem. No forks necessary. Something happens to that chain, it’s not a problem with bitcoin.

You might see it as a fuzzy, but I see one as inside bitcoin and the other as outside bitcoin.

Honestly, I don’t understand why DC proponents don’t just create their own federation. It just needs to be separate from bitcoin.

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Discussion

Sovereign Matt 2y ago

Do you know how difficult it is to create a federation, find willing volunteers, start a company and raise money to pay for security cryptography experts to constantly be online 24/7 to ensure nobody ever tries to steal funds?

DC proponents are pro mining, fanatics about economic game theory and proof of work maximalists who also believe in self sovereign peer-2-peer private e-cash instead of trusting on custodians.

techfeudalist 2y ago

They’re not trusting in custodians? 🤔