What are the good arguments against drivechain?
Discussion
Only drivetrain I'm familiar with is the automotive drivetrain, which refers to everything that makes them move.
Idk the technical details but the main ones I’ve heard are that it increases the hardware overhead of miners who want to be profitable, further centralizing mining, and creating MEV. The idea is that widely used sidechains would result in miners needing to run nodes for them while also giving them more opportunities for out-of-band payments (not just network fees).
My cursory understanding is that bitcoin miners can ignore sidechains but when a sidechain makes a synchronization transaction on bitcoin, the mining fee paid may be huge by including a percentage of all the mined fees of the side chain for that period. Although that sounds unnecessary, and more like a "drivechain good for miner" sales pitch 🚩
My opinion is that "2-way pegs" are incoherent to economics. Money scales in layers not lateral pools. The asset is pegged to thermodynamics and physics. The coupon/currency is pegged to the asset. And credit is pegged to the currency. Drive chains misunderstand the nature of the asset by creating their own existent ledger outside of the timechain. Writing one transaction to the timechain to account for multiple transactions on the same chain by "correcting the record" assumes all subsequent transactions were valid. Which the timechain seeks to verify.
Now, I don't know if this is a good argument but the proposition seems ripe for folly.