Damus
goatmeal · 1w
the only reason why people FUD drivechains, or covenants, or string concatenation, is that there is now a whole ecosystem of companies running some kind of centralized, parasitic, lightning flavored s...
weev profile picture
I’ve bought the drivechain idea. I understand you have issues with miner involved governance, and I admit that these are problems, but at the very least the planned desired drivechains for geographic scaling and zk-Snarks can be set up early on the eCash fork when there is very little miner involvement outside of really committed people.

In a way, the necessity of involving miners in governance might be good, because miners could have served as a check on the retarded and corrupt behavior of Core but have abdicated from this responsibility. So demonstrating to miners that there is potential ecosystem value in being more involved in governance is potentially a great thing.

Regardless I feel the issues are nuanced beyond my understanding. I am not certain drivechain will work! Your criticism seems potentially legitimate. I am, however, certain that Lightning is not the solution we need and it is time to de-ossify Bitcoin, specifically clear out the dysfunctional parasites suckling on the teat of venture capital who have sabotaged it, and put new people at the helm of the ship. Even if the new people completely fail at the assigned task, getting rid of the people that have so catastrophically failed and wasted so much time and wealth is a virtue in itself. Ineptitude should be punished.
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Luke · 1w
Wow, you guys just have no grounds in reality. Bitcoin is still an open source project and ossification is protection from the bigger threat, which you seem to welcome. Altcoins await your future. Keep that crapthink away from bitcoin!
nostrich · 1w
In that case you are better off (IMO) using BCH that has all Opcode's available for drivechains. There is value in one super conservative project like BTC. I don't understand why it needs to capture all value though. Just use BCH or ETH if your use case requires it. Use Monero if you need digital...