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nobody 2 years ago
In 1 hour at 6 PM UTC, join @Truthcoin and @jamesmcavity of Cormint for a talk on #Drivechain and #Bitcoin #Mining. There'll be discussion of Drivechain and its effects on BTC Mining, the role of Miners in the #BIP process, and perhaps we'll even get a clear definition of MEV. As usual, all are welcome, and there'll be time for Q&A at the end. See you soon! image
nobody 2 years ago
This Friday at 6 PM UTC, join @Truthcoin and @jamesmcavity of Cormint for a talk on Drivechain and #Bitcoin Mining. There'll be discussion of Drivechain and its effects on BTC Mining, the role of Miners in the BIP process, and perhaps we'll even get a clear definition of MEV. As usual, all are welcome, and there'll be time for Q&A at the end. See you soon! image https://twitter.com/i/spaces/1RDGllboQRdGL?s=20
nobody 2 years ago
The Great #Drivechain Debate with Paul Sztorc and Peter Todd (SLP533). Official Podcast Episode:
Stephan Livera
SLP533 The Great Drivechain Debate with Paul Sztorc and Peter Todd
Drivechain is a proposal from 2015 which has had a lot of community debate recently. Joining us today to debate this are Paul Sztorc (CEO of Layer ...
 Drivechain is a proposal from 2015 which has had a lot of community debate recently. Joining us today to debate this are Paul Sztorc (CEO of Layer Two Labs) and Peter Todd. We discuss a range of points: - Drivechain and miner centralisation - Whether you can delegate running a node - Legal risks - Fees and Blocksize limits Timestamps: 00:00 - Intro 01:22 - Guests Introduction 02:12 - Paul's Opening Statement 11:08 - Peter's Opening Statement 19:42 - Paul's Rebuttal 24:56 - Peter's Rebuttal 30:47 - Guests Challenge each Other 01:30:59 - Closing thoughts
nobody 2 years ago
Checkout Paul Sztorc's rebuttal to Peter Todd's #Drivechain (#BIP300 + #BIP301) criticisms: image
nobody 2 years ago
We won't be hosting a Space this week on account of Paul Sztorc and Peter Todd doing a final debate on @stephanlivera podcast, but we'll back with next Friday with a special guest! Antoine Riard, formerly of Lightning, will be joining Paul for a discussion on Drivechain, Lightning, L2s and more! As usual, anyone is welcome to join and there will be time for Q&A! Link and details (and Antoine's Twitter once he makes one) to be posted next week, see you then! image
nobody 2 years ago
Sidechains open up limitless possibilities. Everything can be built on Bitcoin. #Drivechain image
nobody 2 years ago
The merger of a bullish market and Drivechain activation is pure synergy. A Drivechain-fueled bull aligns closer with #Satoshi's vision, and promises a sustainable ascent rooted in #innovation, utility and true #decentralization. Activate #Drivechain today. image
nobody 2 years ago
#Drivechain is very bad if: * You want miners to be poor * You want #Bitcoin to be niche * You want a Bitcoin Career, but you have no skills other than tweeting or karen-ing or concern trolling * You sell a "get rich quick" Bitcoin book/conference/dinner/podcast, and must eternally reassure your simpleton audience that everything is fine and new complex ideas from other chains are bad and all you need are the Simple Points from you and your book that you already finished, published and printed it already without mentioning drivechain, oops * You already bet your reputation on a different L2, one that will be useless once DC fixes Bitcoin * You already financially invested in a "Bitcoin company" that will be revealed as useless once DC fixes Bitcoin * You are a developer who invested time/attention in a different L2 that will be useless once DC fixes Bitcoin * You have a multi-year tweet history of wrong DC comments and it would now be disastrous for your reputation if other people wised up.. you must delay that day for as long as possible.
nobody 2 years ago
Misinformation Drivechain is a strict improvement - it benefits all Bitcoiners and has no downsides. Nonetheless, it has many enemies: *Altcoiners (who want their alt investment to do well). *The Anti-Alt Bitcoin Immune System (which is misfiring in this case). *Rival L2s (who prioritize their equity/prestige, over Bitcoin’s success). *People who are publicly known to be DC-haters, and who will now be humiliated if it succeeds. Here are some of the misconceptions which they spread: 1. DRIVECHAINS BRING “SH&!COINS TO BITCOIN” 🤡 2. BIP300 WILL CHANGE BITCOIN INTO SOMETHING ELSE 🤡 3. MINERS CAN STEAL FROM BIP300 SIDECHAINS 🤡 4. DRIVECHAIN CHANGES MINERS’ INCENTIVES: 🤡 5. ALTCOINS ARE ONLY FOR SCAMMING, NEVER FOR INNOVATION! DON’T YOU KNOW?? 🤡 6. DRIVECHAIN IS FUNDED BY VCS! 🤡 7. WHY ARE PEOPLE RUSHING THIS??? 🤡 8. ISN’T BITCOIN ALREADY PERFECT?! WHY RAIN ON OUR PARADE? THINKING IS FOR NERDS!! 🤡 The common misconceptions are explained in detail here:
Misinformation | Drivechain: Peer-to-Peer Bitcoin Sidechains
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