What is Nostr?
SandMan / No
npub1rlv…gwpa
2023-09-09 01:34:11
in reply to nevent1q…llyp

SandMan on Nostr: Re: depeg: Under normal situation sBTC=BTC. However, if withdrawals freeze due to ...

Re: depeg:

Under normal situation sBTC=BTC.

However, if withdrawals freeze due to disagreement on withdrawal bundle progression, I see potential for long (months to years) depegs. I don't fully understand how to resolve side chain controversy. 50% of miners abstaining from any side chain controversy freezes the funds. What next?
Author Public Key
npub1rlvems4qwapxnrq63fpn6m6e7ewwknxq5ytpllmn6w727qds83lq33gwpa