Damus
fiatjaf · 137w
After 14 years we don't have anything near hyperbitcoinization, which is the goal of every sane person, and fees are probably only still relatively cheap today because SegWit did a mandatory blocksize...
Azz profile picture
What if a drive chain becomes more valuable to the miners than the main chain? Could leverage then be applied on miners to censor transactions on the base Bitcoin layer?

For example, if a drivechain is locking up CBDC money and issuing a privacy focused stable coin to allow people to bypass CBDC surveillance it could become very popular and grow so that transaction fees for miners are an orders of magnitude greater than mining Bitcoin on the base layer. The government could threaten to erase the held CBDC if miners don't censor Bitcoin transactions on the main chain. This would cause a fork, with the majority of mining power going to the fork that is censoring transactions in order to be able to mine fees on the drivechain holding the CBDC. The smaller, non-censoring fork would be vulnerable to 51%attack


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₿lack Swan · 137w
The drivechain would have its own consensus mechanism and miners.