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₿lack Swan
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No issues here, but am not gaming or doing any screen sharing / capture.

BlueSky invites for anyone who wants to check it out.

Please reply in the comments with the remaining codes if you do.

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But they don’t allow Bitcoin to be stolen on the base layer, or further empower the miners.

Do we need a layer 2 for privacy, or do we need to improve privacy at the base layer? Certainly. But, based on my interactions with others, that is the only use case the majority of users support.

Without knowing all of the second and third order affects, I still believe the benefits don’t justify the risks.

Agree to disagree 🙏🏻

And therein lies the problem. I’m not opposed to drivechains conceptually, but I believe it needs to be implemented trustlessly or it’s just an epic rug waiting to happen.

You could argue that the risks are known, so the amount of value locked in a drivechain reflects both the utility and the inherent risk of theft, and you might be right.

Personally though, I can’t support something I see as fundamentally flawed.

Huh? You’re contradicting yourself.

Lightning has trustless peg in / out without relying on miner cooperation.

What happens if they do not ack the withdrawal bundle or if they simply spend the coins?

Consider a scenario where there is $30b USD locked up in a drivechain.

Anyone could broadcast a Tx spending the coins to miner wallets, then RBF it to add an additional bounty, and all miners would need to do is allow the Tx to be mined in order to receive their share of the pot.