What is Nostr?
TheGuySwann / Guy Swann
npub1h8n…rpev
2023-08-29 15:28:03
in reply to nevent1q…lzzs

TheGuySwann on Nostr: If I had to steelman the reverse: Basically all of our sidechain designs currently ...

If I had to steelman the reverse:
Basically all of our sidechain designs currently amount to this same thing. So a federated sidechain is a voting system too, it’s just permissioned. So you can know exactly who the voters are. So in that sense DC has some benefits and some drawbacks. DC is actually a novel way to accomplish this by using enormous security infrastructure that already exists, and could be a great option in the toolset for scaling.

My problem is that any changes at all can obviously have unintended consequences (cough* inscriptions *cough*). And messing with miner incentives/profitability - even in a way that seems beneficial at first glance - is extremely dangerous territory. So I’m deeply skeptical that if this isn’t some vastly superior system, with its own set of potential problems, that messes with miner incentives — where we already have an uphill battle to make them further decentralized — that it will have the momentum necessary to get a soft fork through.

Still open to all of this. But I don’t yet see a clear “ok this is obviously and vastly better to have, than to not have.”
Author Public Key
npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev