Drivechains

Alright people, we are playing a game of chess here. The one thing, the absolute one thing, we can't do is give up the king. To give up the king, in my humble opinion, is to mess up the base layer. This mistake would disrupt the delicate incentive structure that ensures sound money. That sound money pegs the extremely fragile credit markets and out-of-control G7 policymakers that are creating clown world with their CB fiat policies.

We don’t need the sound, pegged, money to move fast, we don’t need the money to do smart swoopty things, we just need it to be pegged, immutable, and digitally sailable to actually stop the madness of clown world.

By introducing a whole lot of technical complexity to the base layer and potentially screwing with the incentives all so we can connect to a bunch of centralized shitcoin projects is like playing offense with the king when you’re down 7 pieces and the other player still has their entire back row at their disposal.

A. Why the rush!?

B. Why not just go use Monero if you need that level of anominity in your transactions. Why do you have to have it in a wrapper via drivechains?

C. Why risk the king without deep understanding and testing of the technical risk and potential change to incentives?

The beauty of Bitcoin is you can build it and softfork it, and we’ll let the community vote with their nodes. BUT, I for one, have no use for drivechains (that doesn’t mean everyone is like me). And as a result, I will not be updating my node and running any attempted “secret” softfork updates by the miners.

BIP 300 and BIP 301 are two BIPs that allow for the creation of trustless side chains. You keep the maintain unchanged. However, you get more scalability options and features with your bitcoin.

You simply send your bitcoin to a sidechain of your choice. Some side chains optimise for payments, others for smart contracts, others for end-2-end encrypted private transactions.

Miners get all the fees from the transactions on the side chains.

Lightning is vertical scaling.

Drivechains is horizontal scaling.

I think it would also kill shitcoins or at least help increase bitcoin dominance. As it would make all “bitcoin competitors”, smart contracts alt coins and privacy coins pretty much useless. As you would now be able to do all on bitcoin side chains. Bitcoin would be the native currency of these side chains of course.

Does that help?

Look at drivechain.info or layertwolabs.com for more.

No bests. I have my favorites, but which one to choose? Some are meaningless without the rest of the series, some were incredibly interesting back then, but aren't as great on further readthroughs...

The book thst changed my life the most is probsbly "What is seen and what is unseen" by Fréderic Bastiat.

The book that I enjoyed the most is probably "Zelená" (green) by Martin D. Antonín. (A great quirky fantasy book about goblin engineers)

My all time favorite is tied between the "Hitchhiker's guide to the galaxy" by Douglas Adams and "Dobrák" (a good guy) by Jiří Kulhánek. (An apocalyptic novel where one day out of the blue aliens show up and abduct most of humanity and turn the rest into some sort of zombies)

Damn, I feel like naming 20 more now that I started to think about it. Don't ever ask people to choose just one book. That's torture. :D

what’s the best book you’ve ever read?

Now you understand why I support BIP 300.

You disappointed. Tax evasion surely the correct answer!

Hypothetical here,

UAPs are real. They have alternative power systems, free energy- somehow.

Would that tech change POW for bitcoin?

Would it help mining and accelerate our mining capabilities?

Or would it render POW obsolete because we get free energy?

Free energy would change EVERYTHING.😳

Hopes that my Zaps ⚡️ are working

Did it came ? Using for the first time plebstr web PWA #Zapathon