Someone ELI5 why everyone is talking about Drive Chains on #Bitcoin now?
A I missing something, but currently I don't see the value it will bring to the project?
Discussion
The technology has beennaround for several years. It's getting a boost in traffic because a well respected bitcoin dev recently did a request on core, the next step on a path to pushing it.
Drivechain is a minimaly invasive addition to bitcoin , that does not impact anything or anyone not interested in using it. It allows more functionality to be expressed on a layer 2 of bitcoin. Including a better versionnof lightning and a better version of ethereum or any present or future altcoin that tries to take away bitcoin dominance. Its an insurance policy, a lifeboat and a swiss army knife, all without risking main net.
Not sure if this is eli5 though.
To an actual 5 year old i would say: Drivechain is icecream with sprinkles. You get to choose what kind of sprinkles. Gundrops or chocolate or walnuts ? Your choice does not take away from someone else choosing not to have sprinkles.
So beyond ELI5, what's your thoughts on people saying it could impact consensus / block validation?
I haven't seen anything written up on it, but I keep seeing people mention it in rebuttals.
Drivechain interacts with main chain like any other UTXO.
So i have repeatedly asked these people, almost three or more up to now, how it affects main the way they claim ? Show me on the bip proposal.
Each time it ends up in them leaving the technical conversation.
In other words, fees to miners appear as though they are processing any other regular users transaction.
There is no block reorg, no modification to the way blocks are mined. No config of consensus rules.
The days and weeks after Drivechain activation will be exactly the same as the weeks before.