Replying to Avatar bitcoinaz

Still undecided on Drivechain.

I'm posting for both sides.

For me it's all about this: RISK.

Paul Sztorc says zero risk.

Plebs say non zero risk.

Problem is whenever i see "zero risk" i get scared.
Avatar
Rich Nost 2y ago

Very narrow considerations of what is at risk. Even if drivechains poses zero risk to the stability of the protocol, there are ARE CLEARLY risks at the emergent incentives. You are custodying funds with miners ffs. THAT has ZERO risk?

Reply to this note

Please Login to reply.

Discussion

Avatar
Rich Nost 2y ago

Maybe Paul means zero risk to himself, considering that he has foisted all custodial risk within his model on miners and dangled a carrot of fees in front of them (as the Noted podcast put it) to tempt them to yeet his product onto mainnet.

Avatar
Rich Nost 2y ago

*custodial responsibility