> “When I stated I want my data on the longest running blockchain, I'm not saying lightning runs on the base layer as much as lightning functionality requires it. When a lightning channel opens, a base-layer transaction on the Bitcoin timechain is broadcast and verified - That's the crux here.”

>> Isn’t this similar to how #drivechains would interact with the $Bitcoin base layer, just to peg-in and peg-out funds between two networks? By your definition, how would #BIP300 be more a “Trojan horse” than the #lightning network?

> “Every day BIP300 is seeming more and more like […] a last-ditch effort from shitcoins to remain relevant”

>> I still don’t understand how drivechains would make other #crypto more relevant. It seems to me that drivechains have the potential to make other blockchains less relevant although I’m skeptical that drivechains will have this effect. Especially, you insinuate that people involved in other crypto are making an effort to push BIP300 but I haven’t seen any evidence that this is the case.

#blockchain #drivechain