What’s a drivechain

It introduces MEV

Against, because in drivechains, 51% of the miners can spend all the bitcoins in existence in the secondary blockchain, while in a sidechain, 51% of the miners can double-spend only their own bitcoins (current or past).

Against. Shouldn’t be able to delete transactions.

Another way in addition to Bitcoin to make sure you are protected from financial markets is to be poor as shit.

Openbsd is not the best for bleeding edge tech.

That feature would also keep it from ever being accepted by retailers so it’s a bad idea anyway.

If we had no viable technological alternative to CBDCs with a POW currency, BTC, I would argue for maintaining historic methods too. But since we do, let the conventional system expose itself transparently with CBDCs, and make the alternative obvious. You lose the need for evangelizing, for “Orange pilling”, the technical distinctions immediately become self evident. A BTC standard, “Hyperbitcoinization” move from hypothetical to practical.

Stop wanting everything Twitter has just because you're used to these things.

Yes, make it more transparent, more equal for wealthy and poor individuals, make it more honest.

No, it’s traceable, tightly restricted, easily forged, physically impractical, for these reasons effectively worthless, even if it were private.

I certainly would never accept it for anything.

Could it be possible that the work submitted by the clients would be used by relay associated miners to help them mine the next BTC block? So basically, the block would be mined with the work done by the clients and the reward would go to the relay miner. This would be a win-win situation with the clients having a reliable relay to post to, and with the relay running a mining operation on the side to finance its existence...

But governments already control the use of money, except for some edge cases, and these exploits arguably mainly advantage already wealthy and privileged individuals with more time and means to identify and exploit them.

What did I ignore, tax avoidance?

I do experience my current banking system as described, call it dystopia if you want, I think corrupted suffices.

Aside from the conceptual aspects, I find it really absurd to consider paper notes, metal coins, a technology adequate solution for anything at this stage.

I mean, you designed a sophisticated electronic relay system yourself, and want to argue that we should rely on non electronic structures for commerce?

I honestly fail to understand the motivation, especially with BTC already up and running seemingly stable for over a decade.

🥩🧈🍯

Smoking a fat D burger this morning AMA