Damus
Johnny · 1w
nostr:nprofile1qqstuv60rkncm556v2z6s4qjgwfmth92mg300e2vptx4xw5c86jdxrsu6kxxs where does the peg get its security from in that design? miners voting a withdrawal through is the same coordination surfac...
21_21_21 profile picture
Miners provide security for L1 and that's important. It's important the security budget stays high enough to incentivize them.

Miners deciding on a fork is an OR choice, made on behalf of the users.

Miners deciding to add a sidechain is an AND choice, users use the sidechains only if they want. If you never use the sidechains, BTC works exactly the way it always has for you.
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Johnny · 1w
nostr:nprofile1qqstuv60rkncm556v2z6s4qjgwfmth92mg300e2vptx4xw5c86jdxrsu6kxxs that AND choice covers your coins. the miners validating the peg are the same ones securing the chain you never left, so a peg failure at size lands on everyone's security budget whether they opted in or not.