Quote from: NotATether on March 09, 2020, 08:31:14 PM

@Wind_FURY, I found your quote at http://www.drivechain.info/, by the way.

Thanks. Yes, that's the site.

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I watched the youtube video and the guy was mentioning how each sidechain has a reward attached to it that they didn't think out through. I don't know how frequently this activity happens in the bitcoin development ecosystem but it's common for a lot of altcoin devs to not think through very important parts of the system through which reflects in the stability of the altcoin.

One problem I can think of right off the bat is what will happen to sidechains that scamcoins are hosted on after their developers abandon maintenance of their sidechain. I think that would be a waste of space.

Waste of space to the people who run the side-chain, just like to the people who run the node of a shitcoin.

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But I think a much more important problem is that devs can't force everyone to use drivechains due to the decentralized model of bitcoin, by pushing a new bitcoin core release. Still, lots of people/services aren't using native segwit addresses, in some cases they are even using legacy addresses. But that's a different topic.

That's actually a feature, not a problem/"bug". Cool

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Now I'm not claiming to know anything about drivechains, but nothing is stopping someone from hard-forking bitcoin even if drivechains were in place. I don't think drivechains can interfere with layer-1 activity which is where the hardfork takes place.

Warning, I'm just learning about Drivechain too. There will be lots of questions, and shit posts from me. Everyone is welcome to correct me.

BUT, their forked coin won't be as secure, and as valuable as Bitcoin. We could debate that a side-chain-coin might become more valuable than a forked shitcoin. Cool

Let's wait for gmaxwell's post. I'm very curious, especially after Adam Back mentioned "trade-offs" of using Lightning, or Liquid. I believe using Drivechains might also just be a matter of accepting the trade-offs.

https://twitter.com/adam3us/status/1217845788438601733

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lightning makes security tradeoffs, liquid makes different security tradeoffs