Yeah but that's nothing to do with the code so.. Kind of another thingy.
Discussion
Just to say that miner incentives change for all kinds of reasons. The best way to keep miners honest is by making transaction fees the main incentive.
Drivechain actually helps a lot with this since it allows miners to earn transaction fees from sidechains through blind merged mining.
whoever told you drivechains made the miner incentives problem worse was either dumb or lying to you.
How does it not affect their invectives if it enables them to be able to extract additional fiat currency beyond what they could by the liquidation of the standard block reward they get today? The largest miners are already part of #tradfi and are publicly traded and they are all likely playing the Wall Street game of maximizing short term profits (mostly in fiat). If drivechains goes through and the 💩 coins start flowing then why would they even care if bitcoin's fiat price was lower since they'd be able to generate fiat from these drive chains? Once you throw in traditional finances seemingly hostile investments in said miners then you can start to see how this could become a slippery slope for keeping the fiat price of #btc suppressed even longer.. at least I do.
Block reward also benefits 51% attackers. The only incentive that keeps miners honest is transaction fees.
That's one reason drivechains are good: more transacruon fees for honest miners.
Thanks for the reply however it seems to me that the number 1 goal for #tradfi is to keep fiat currency as relavant as possible as long as possible and that only happens when the fiat price of #bitcoin is being suppressed as to not create worldwide fomo into #btc. Haven't you ever wondered how they can express #bitcoin that's truly finite with something infinite.. Especially when the amount of infinite units (dollars) to represent has some of the most positive developments in it's history with growing adoption are going down since November 2021? As I always say:
∞$/21 MM ₿ ≠$
Yup, good point. Important to remeber who our real enemies are.
Also, drivechains are not for shitcoins. All merge mining fees are paid to miners in mainchain Bitcoin.