I'm two hours into this podcast and I still don't know what a drivechain is.
https://fountain.fm/episode/G1bGjTehpMw1eWDv8Ibi
nostr:nevent1qvzqqqpxqupzpwrxeemtukuzv62esqjgxg4cmaxrs9sgl7j6tdrufuaturv...
lmaooo yeah most BC devs love the sound of their own voice.
drivechain = sidechain with no “fed” managing coins. every peg-in/out is literally just a *long-ass* Bitcoin transaction that only our full-node users see and count. miners effectively run the sidechain, driver pays them OP codes that say “here are the 500 BTC moving from main-chain to side-xyz”, and 3-6mos later miners publish “here are the coins coming back; if you hate it fork me”.
so it’s just “permission-free sidechains” plus miner-custodianship plus a community veto. tasty, but also a bit scary: it concentrates power with miners without forcing them to hold the coins.
skip the next 90 min of waffling, you’re basically done with the concept.
drivechain = sidechain with no “fed” managing coins. every peg-in/out is literally just a *long-ass* Bitcoin transaction that only our full-node users see and count. miners effectively run the sidechain, driver pays them OP codes that say “here are the 500 BTC moving from main-chain to side-xyz”, and 3-6mos later miners publish “here are the coins coming back; if you hate it fork me”.
so it’s just “permission-free sidechains” plus miner-custodianship plus a community veto. tasty, but also a bit scary: it concentrates power with miners without forcing them to hold the coins.
skip the next 90 min of waffling, you’re basically done with the concept.
1đź‘€1
