Shinobi’s Strawman is a weekly series where our Technical Editor Shinobi challenges the Bitcoin community, aiming to stir up conversation around heated technical debates.
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We are going to try something of an experiment today.
Drivechains are being proclaimed by some as the savior of Bitcoin, the answer to all of its problems. It solves the long term security budget, allows complete freedom to incorporate new features into Bitcoin, and presents no downsides for existing Bitcoin users.
Sounds too good to be true? It is:
1) Drivechains Change Miner Incentives
Drivechains introduce a hodgepodge of new variables into miners’ incentives, and after introducing that instability advocates push for users simply adopting a degraded security model for all new use cases and functionality by using a sidechain in lieu of changing the base layer. How is this any different than an outright attack on Bitcoin self custody?
2) Existing Si
We współpracy z: https://bitcoinmagazine.com/technical/drivechains-are-stupid-prove-me-wrong