I believe this is solved potentially also by ARK?
Discussion
Ark also need a CTV softfork, why not the same concerns? 🤔
I'm not saying I'm pro BIP119. Haven't studied it deeply enough either.
But it seems to me like drivechains benefits are not as large while introducing something I'm not convinced we need.
But it is a fair point, I should compare these BIPs more.
It doesn’t seem accurate to say that drive chains are noncustodial. The assets held in drive chains are subject to a group of people (miners) acting properly.
To me, this seems like just another federation. Like Liquid. You can also hold your own keys in Liquid. Liquid may also be more decentralized than the group of miners. 🤷♂️
>decentralized liquid is more centralized than liquid
Mkay.....
what if i told you drivechain allows trying out 119 without any downside to main
You can potentially try BIPs on testnet as well 🤔 But it doesn't simulate all the potential consequences as you need all the users and their curious brain power fucking around to realize all the true consequences.
In my opinion - ability to test other BIPs on sidechains is not a sufficient use-case. As well as potential for ultra private sidechain isn't good enough use-case for me either.
But that's just me.