Pieter Wuille [ARCHIVE] on Nostr: 📅 Original date posted:2017-07-11 📝 Original message:On Jul 11, 2017 09:18, ...

📅 Original date posted:2017-07-11
📝 Original message:On Jul 11, 2017 09:18, "Chris Stewart via bitcoin-dev" <
bitcoin-dev at lists.linuxfoundation.org> wrote:

Concept ACK.

If drivechains are successful they should be viewed as the way we scale


I strongly disagree with that statement.

Drivechains, and several earlier sidechains ideas, are not a scalability
improvement, but merely enabling users to opt-in for another security model.

While obviously any future with wider adoption will need different
technologies that have different trade-offs, and anyone is free to choose
their security model, I don't think this particular one is interesting. In
terms of validation cost to auditors, it is as bad as just a capacity
increase on chain, while simultaneously adding the extra risk of miners
being able to vote to steal your money.

Cheers,

--
Pieter
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