while im a mid-curver who is probably over optimistic abt what can be done with APO/CTV, i still think BIP300 is a poor and hacky solution looking for a problem. feels like it would 100% carry problems in the future too
Discussion
i just have a very strong distaste for federations and federation-like structures kek
If you don't trust the miners then bip300 should be the least of your worries
The hashrate escrow is the best possible federation: custodians are the miners which can be anon without having to worry about Sybil attacks and are dynamically rotated so only the members most aligned with the network at any time are in charge of the funds
my problem is on the other side of the horseshoe- i don’t like the ‘power structures’ (gay, fluff term by idk what else to say) and incentives federations create.
taking it to the miners is def the best way to do it, but i still hate federations
Yeah, agree.
The miners are already a federation though and pow seems to do a pretty good job of keeping them honest.
Yeah, just do APO, CTV, VAULT and the hackers will hack BIP300 on top we probably can't stop them like we can't stop inscription