Drivechain game theory e.g. on a litecoin sidechain
1. Take 6 billion in funds today
2. Take $1000 in fees per day every day
A self-interested rational actor would always take (1) over (2)
Conclustion: drivechains dont work when the ratio of fees to market cap gets too high
Game theory is my primary reason for opposing drivechains - I have no idea how the incentives will work in the new model and I don’t care to find out.
Second reason is how the proponents of Drivechains have gone about it. Fuck them for talking down to everyone who isn’t immediately accepting of their ideas - you want consensus, you’ve all gone about it completely the wrong way in a system that requires it.
