Despite a nice few months this summer after Burak, infamous slayer of the Lightning Network, dropped his proposal for the new second layer protocol Ark where people had a lot of discussion around different covenant proposals, drivechains are once again becoming a dominant topic of discussion. There are a large number of problems with drivechains, from the rationale for supporting them, to claims about how they don’t affect incentives being inaccurate, and even reasons for why they may actually hurt miner income instead of increasing it. In this piece I’m going to focus solely on the issues regarding incentives for brevity’s sake.
If you are not familiar with the specific technical workings of BIPs 300 and 301, you can read a succinct summary of that here.
Separation of Concerns: Mainchain Miners and Sidechain „Miners”
One of the core claims from drivechain proponents is that the activation of this BIP introduces no new requirements or costs for miners who participate in securing th
We współpracy z: https://bitcoinmagazine.com/technical/drivechains-introduce-new-incentive-dynamics-to-bitcoin