melvincarvalho on Nostr: Valid point. Drivechains do move the needle more from miners as rational ...
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!
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!