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Replying to Avatar Nice and Kind Vic

Sidechains cant have BTC as a native currency. They all are their own token even if named similarly and with 1 for 1 pegging like Liquid or anything else built with Elements. Drivechain is a different approach than peg-in/out that Liquid uses but it still has a process to get into and out of that sidechain. But instead of dealing with a discreet federation, its vetted by miners via hashrate escrows. Theres a limit of 256 slots making them rare and they can only be facilitated by miners. A normal user can not make or manage their own sidechain with drivechain. Its a centralized permissioned protocol.

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techfeudalist 2y ago

I don’t mind schemes that generate more miner revenue if it doesn’t impact *my* bitcoin. If I ignore these drive chains, could they have any impact on me?

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Nice and Kind Vic 2y ago

As a user cresting transactions like today? No direct impact. For node operators, marginal resource need, but well short of that from other changes made in the past.

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