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goatmeal2d ago
>bitcoin doesn't scale but it does... it scales naturally by letting excess traffic spill over into other chains. it is regrettable that this usually necessitates a new currency or a dodgy IOU, the trust assumptions get worse, and the new chain doesn't give transaction fee revenue to bitcoin miners. ethereum is the #1 bitcoin scaling solution, bigger than lightning, liquid, cashu, spark, and arkade combined. this benefits ethereum more than it benefits bitcoin. even spark benefits lightspark more than it benefits bitcoin. the users are the biggest losers here. you will be stuck with a cuckold chain for as long as you keep wasting time on lightning. the drivechain idea is more closely aligned with the way that bitcoin scales naturally. it's just a clever way to enable what is already happening to benefit bitcoin the most. I don't even care if it won't be called "drivechain" or if it uses covenant opcodes instead of hashrate escrows. the idea fits more neatly into observable reality.
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kidwarp2d ago
I always thought merged mining should have been more utilized just for this reason…
0000 sats