Valid point.
Drivechains do move the needle more from miners as rational self-insterested actors towards miners as custodial trusted-third-parties.
There are good reasons to want this, and also good reasons not to want this. For example if we get this right, the bitcoin security model can be sustainable for centuries (it isnt now) and also it removes an upper bound on the price ceiling, wrt that security model.
It's good to understand the reasons for and against.
Remember that the term "maxi" was a slur invented by shitcoiners to divide the bitcoin community.
Let's keep it civil, that's how we win!
melvincarvalho / Melvin Carvalho
npub1mel…5c24
2023-08-14 14:24:41
in reply to nevent1q…l5u5
Author Public Key
npub1melv683fw6n2mvhl5h6dhqd8mqfv3wmxnz4qph83ua4dk4006ezsrt5c24Published at
2023-08-14 14:24:41Event JSON
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"content": "Valid point.\n\nDrivechains do move the needle more from miners as rational self-insterested actors towards miners as custodial trusted-third-parties.\n\nThere are good reasons to want this, and also good reasons not to want this. For example if we get this right, the bitcoin security model can be sustainable for centuries (it isnt now) and also it removes an upper bound on the price ceiling, wrt that security model.\n\nIt's good to understand the reasons for and against. \n\nRemember that the term \"maxi\" was a slur invented by shitcoiners to divide the bitcoin community.\n\nLet's keep it civil, that's how we win!",
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