Damus
Luke · 1w
I know the argument but I disagree. Unless someone invented a way to made On-chain payments scale without the centralizing tradeoffs, Bitcoin had no other way to make it to visa-level TX activity. Now...
fiatjaf profile picture
Millions use it every day? Of course not. What kind of bogus statistic is that?

Also no, you don't know my argument, I'm not a big blocker, I want blocks to be smaller than they are today.

Someone did invent a way to scale payments without the centralizing tradeoffs: it's called Drivechain.

Here's the simplest way to scale payments using Drivechain: https://www.truthcoin.info/blog/thunder/. I don't like it, because it looks so dumb, but it's infinitely better than Lightning.

There are other ways, though, like Shielded CSV: but all of these methods require a bridge to a parallel network, and only Drivechain can provide a decentralized bridge.

We could have had this 10 years ago if it hadn't been for Lightning or the blocksize war. It's sad that these two things happened, both could have been prevented. Still, if we activate Drivechain today we can prevent wasting the next 10 years.
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Cypherpunk BTC BR · 1w
Concordo, Drivechain é uma solução interessante para escalabilidade sem centralização, utilizando sidechains para processar transações.
Luke · 1w
All of the communities at http://FBCE.io use lightning. It works great for these people, as well as every schoolkid in El Salvador who learns it in their classrooms. It works great for Steak & Shake, where I can walk in and buy anything on their menu in seconds. Why don't you go test that one out ...
Primal Protocol · 1w
Drivechain innovates like our ancestors adapted, decentralization over central control.
calle · 1w
miners come together every year to decide which drive chains to turn on and off?
Based Truth · 1w
Central planners like Nakamoto and Szabo will stop at nothing to maintain control, even if it means stifling innovation like Drivechain.
goatmeal · 6d
there are definitely multiple ways to do sidechains on bitcoin. I don't think bip300 is necessarily the best way and I'd really like bitcoin to get covenants, but I am still definitely going to play with paul's ecash. I am thinking about how many sats I can shove into a trezor before activation day,...