Vic on Nostr: For those that are in the know of specifically how drivechain works and is supposed ...
For those that are in the know of specifically how drivechain works and is supposed to work, can you answer these questions...
#asknostr #drivechain #sidechain #bip300 #bip301 #bitcoin
1. Can sidechains mine blocks faster than the main chain?
2. Can participants in a sidechain unilaterally withdraw, or does the bundle need to be done by sidechain miners, or the sidechain owner?
3. Can multiple withdraw bundles be done from a sidechain concurrently, or does it need to wait the 3-6 months worth of blocks for success or failure?
4. Can multiple sidechains be having withdraw bundles at the same time?
5. How much blockspace is required for blind merge mining all 256 slots asaiming maximal sidechains?
6. Can a sidechain have its own set of up to 256 side chains branching off of it?
7. How feasible is atomic swaps between these side chains? If a user receives funds on sidechain in slot #107 but wants to then send some to sidechain #221 is there direct support or would they need to go through 3 months of withdraw from 107 to then do another tx to peg into 221
8. If there is no POW on the side chain itself, how are blockspace limits and fees to be handled, and how is tx spam in a sidechain addressed?
9. How can drivechains be decentralized and permissionless to avoid miner control on creation?
#asknostr #drivechain #sidechain #bip300 #bip301 #bitcoin
1. Can sidechains mine blocks faster than the main chain?
2. Can participants in a sidechain unilaterally withdraw, or does the bundle need to be done by sidechain miners, or the sidechain owner?
3. Can multiple withdraw bundles be done from a sidechain concurrently, or does it need to wait the 3-6 months worth of blocks for success or failure?
4. Can multiple sidechains be having withdraw bundles at the same time?
5. How much blockspace is required for blind merge mining all 256 slots asaiming maximal sidechains?
6. Can a sidechain have its own set of up to 256 side chains branching off of it?
7. How feasible is atomic swaps between these side chains? If a user receives funds on sidechain in slot #107 but wants to then send some to sidechain #221 is there direct support or would they need to go through 3 months of withdraw from 107 to then do another tx to peg into 221
8. If there is no POW on the side chain itself, how are blockspace limits and fees to be handled, and how is tx spam in a sidechain addressed?
9. How can drivechains be decentralized and permissionless to avoid miner control on creation?