Drivechains to the rescue
Austin E. Alexander
@BTCismoney
fmr - . . Bip300 = true Bitcoin maximalism. Obtain the grain
. All will capitulate.
Kraken.comJoined August 2011
Austin E. Alexander’s Tweets
"The whole design is about sidechains being optional, and not harming anyone who is not using them."
-
6
10
28
Friends and followers, I'm excited to share that I've joined as General Counsel. LayerTwo Labs designs and introduces advanced #Bitcoin sidechains and protocols.
16
6
59
drivechain.xyz is a well-organized informational website created by a fan of Drivechain (#Bitcoin Improvement Proposals 300-301). I do not know who created the website. It appears to be only a few years old.
1
1
8
Only 10% of Ethereum's transaction fees on Bitcoin would DOUBLE miners fee revenue, says
🤯🤯🤯
LISTEN: youtube.com/watch?v=Q6RuM2
2
3
8
Very excited to join in bringing decentralized sidechains to bitcoin with our new company
Quote Tweet
Our mission is to eliminate all Altcoin and Fiat transactions, leaving only Bitcoin (and its associated freedom and prosperity).
Thread...
(1/7)
Show this thread
3
3
31
28
52
133
Huge Bip300 announcement soon
16
16
116
Run the software and you too will be a drivechain believer. These guys have had their nose down building for years and it shows.
Quote Tweet
A new version of DriveNet (Bitcoin Core + Bip300&301) has been released!
Version 44!
drivechain.info/releases/
drivechain.info
t.me/DcInsiders
2
it’s been 7 years since wrote the original drivechain blog post
if you went back in time and told me that 7 years later no effort has been made towards merge-mined sidechains but that the same people who opposed them were upset ethereum existed i’d laugh in your face
Quote Tweet
"Sidechains are innovation without speculation (altcoins)." - @adam3us
I'm bullish on Bitcoin sidechains.
Show this thread
20
40
196
Show this thread
"Sidechains are innovation without speculation (altcoins)." -
I'm bullish on Bitcoin sidechains.
21
37
240
Show this thread
Imagine how different things would be if we had a trust-minimized way to bridge BTC to other chains, so alt devs and promoters wouldn't be able to use "bitcoin can't do [feature]" as a justification for altcoins' existence.
Quote Tweet
Imagine how different things would be if all the capital that went into altcoins went into Bitcoin instead.
10
7
30
Show this thread
blockstream's dismal failure with sidechains (after effectively sucking all the air out of the room on the topic) is probably the single biggest setback Bitcoin ever suffered in its entire existence. these people need to seriously self reflect
67
82
576
I agree with all of this
Quote Tweet
The Bitcoin Overton Window has widened
so I may now post "The 'Sidechain Vision' for Bitcoin" truthcoin.info/blog/sc-vision
1. BTC must ossify
2. Blocksize must shrink
3. Fee Revenues must rise
4. BTC must become interoperable
5. Lightning isn't enough
6. BTC Dev needs Competition
8
25
209
Show this thread
The Bitcoin Overton Window has widened
so I may now post "The 'Sidechain Vision' for Bitcoin" truthcoin.info/blog/sc-vision
1. BTC must ossify
2. Blocksize must shrink
3. Fee Revenues must rise
4. BTC must become interoperable
5. Lightning isn't enough
6. BTC Dev needs Competition
71
90
368
Another response to the “miners can steal” critique of Drivechain:
lightco.in/2022/06/15/min
5
12
21
Show this thread
Today we sit down with Paul Sztorc () to cover Bitcoin security budget, bip300/301, Drivechains, and much more
2
8
24
Show this thread
Drivechains is the most important "blockchain technology". Take a look.
Quote Tweet
Want to learn about Drivechain (BIP 300+301), but too lazy to read?
My new **YouTuble Playlist** has **over 30 hours** of Drivechain Content.
youtube.com/playlist?list=
The first video is just 25 mins.
I tried to sort the videos most-useful first, with a big mix of styles.
2
1
17
New -- shorter, clearer BIP documentation.
github.com/bitcoin/bips/b
github.com/bitcoin/bips/b
Read if you are curious about the technical details behind BIP 300/301.
301 in particular is now pretty easy to read.
11
22
60
Ray points out the remarkable ingenuity of Nigerians, where has 1.5M users.
In Jan 2020 inbound remittances in foreign currencies were $2.5B. That fell to $55M by Sep 2020.
Tidal wave of young innovators choosing Bitcoin over fiat rails, choosing freedom over control 🌊
Quote Tweet
The energy in Nigeria
will transform the world. The youth have already begun building a pan African financial settlement layer using #bitcoin and nothing can stop peer to peer. Africa is now leading the new world of finance and crypto adoption. Let us all show them love
twitter.com/jack/status/14…
2:16
866.3K views
17
84
393
21 mm that can't be changed is the killer app.
Quote Tweet
The big deal isn't 21 million.
The big deal is that 21 million can't be changed. twitter.com/gladstein/stat…
Show this thread
7
Replying to
◻ BIP-300
Quote Tweet
Glad to see #BIP300 getting more attention. Great talk by @Truthcoin @TheBitcoinConf discussing its benefits:
- Bring any feature to bitcoin without changing the mainchain
- Strengthen resistance against contentious forks
- Boost bitcoin's security budget
youtu.be/oga8Pwbq9M0
1
1
11
With #BIP300-based Thunder sidechains this line of argumentation completely loses persuasive power
truthcoin.info/blog/thunder/
Quote Tweet
Ever wonder why we choose to build our platform on the #XRPLedger as opposed to #LightningNetwork? Here's three reasons why! #xrpl #btc
Download the STB app on the App Store: apps.apple.com/ca/app/spend-t
Download the STB app on the Google Play store: play.google.com/store/apps/det
2
3
11
“toxic maxis” is a silly term coined by ICO leaders to malign those warning others (specifically retail investors) about the trade-offs inherent in the tech and it’s incentive structures
bc the tech is relatively complex this sort of propaganda can have impact...
78
190
1,131
- actively put yourself out there
- don't assume you're unqualified
- be honest and work hard
cool things will happen!
12
36
273
8 years ago, pushing bitcoin in front of the NYSE. Bringing traders to bitcoincenter 100 feet away. People laughing at us, people yelled at us, police trying to arrest us. My people stood as giants in the face of tyrany. t.co/8twh2blQkY
This Tweet is unavailable.
6
16
44
Switch to kraken and save SATS!
Quote Tweet
If you are doing a single lump sum investment in #bitcoin every year, there's little difference in fees between exchanges.
However, if you are dollar cost averaging, @krakenfx is the clear winner as @coinbase and @Gemini are over 2.25x more expensive for smaller recurring buys.
Show this thread
3
I think it's time the Bitcoin community took a more serious look at 's drivechain proposal.
He made it through 2 crypto bubble cycles staying focused on Bitcoin-only.
He could have raised $100 million for a drivechain shitcoin but he stayed true to BTC.
#BIP300
20
49
229
Many nocoiners spew their abysmal takes but a few begin their path to capitulation.
Quote Tweet
read the news and the blue checks today if you want a laugh.
holy shit, the cope is strong.
3
I should add that a non-trivial number of these people are not English speakers.
4
Show this thread
This is extremely true. Many of the most important traders, technical minds, and largest holders don't tweet or even observe the drama on this site.
Quote Tweet
The most legit people in Bitcoin are usually the quietest, and many of them are not on Twitter.
2
2
13
Show this thread
Allan Stevo talking about the philosophical roots of #Bitcoin and why this is critical for human freedom.
1
4




























