You can think of it as one type of sidechain - kind of miner-custodial sidechain.
As contrasted with say, Liquid, a federated sidechain with 11 of 15 functionaries controlling the multi sig with the underlying BTC.
Drivechain is a proposed soft fork that has faced a lot of criticism in the community, and Shinobi (Technical Editor of Bitcoin Magazine) joins me to discuss his critiques of the idea. We discuss:
What is Drivechain
How it works
Miner centralisation
Re orgs on sidechains
T-shirt sales argument
Stratum v2
“Miners can steal”
Other soft fork ideas (e.g. APO, CTV)
Multi Party Channels
“First Develop with what we’ve got”
https://stephanlivera.com/512
Agree its an interesting idea.
All the swaps could get expensive though, remains to be seen if it would as attractive as it is now. Though perhaps now is being sort-of-subsidized by Muun?
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