goatmeal
· 2d
I hope this is a prank... he has already tainted the idea of merge mined sidechains by attempting to marry it to hashrate escrows, when there are probably better ways to do that. and now he will taint...
Nah, Rootstock is already getting used in Latin America without politics. Bitcoiners simply don't want to use Bitcoin, others will and they will be paying more fees to miners so they will become more relevant. The only way through this bullshit is just to use Rootstock for your needs and ignore the drama. The tragedy of Bitcoin politics is that everyone talking doesn't actually need anything to change. Those who do should just use Rootstock and pay fees there and as halvings go on, nature is going to heal.
And of course the better way is what the OG sidechain paper and what Rootstock is already doing and going to do with BitVM; L1 gate withdrawals until L2 has enough work over the withdrawal claim + has no challenge with a fork with more work.
You can ideally use validity proofs as well, and use hashrate on L2 to update the ZK program whenever you need to make a soft or hardfork, but I suspect that is not how things will work, because it is too complex, and an equivalent of PoWPeg in BitVM is good enough for long time.
But if you make sidechain with very minimal consensus and ossify it, basically something like Bitcoin with GSR and written in Rust not C++, then maybe the validity proof thing is viable.
Long story short, I am not worried neither about Paul nor Bitcoiners reactions, they can't get any more dysfunctional.
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