Replying to Avatar geodesic

Re #2: the long withdrawal windows don't bother me, because atomic swaps make it possible to get fast trustless exits. The long pegout window is really there to prevent any long term depeg, but you're right, short term deviation is possible.

I'll respond later with my thoughts on #3, but short answer: I think miner theft is not a problem.
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NoSand 2y ago

Re: depeg:

Under normal situation sBTC=BTC.

However, if withdrawals freeze due to disagreement on withdrawal bundle progression, I see potential for long (months to years) depegs. I don't fully understand how to resolve side chain controversy. 50% of miners abstaining from any side chain controversy freezes the funds. What next?

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geodesic 2y ago

I think that's the point. A sidechain must be popular in the bitcoin ecosystem. If a sidechain is unpopular, then it stops working, because miners won't care to progress it, or may even prefer to steal from it.

It prevents shit coins and stuff like that. Only a popular, bitcoin-beneficial sidechain that can sustain approval from the miners (e.g. fee competive) will survive. All others will be evicted. Its like a shitcoin garbage collector, lol.