People are interested in the effect of Bip300 on miner incentives
But there really isn't any effect. So, to best explain that, 1st I need to learn where people are going wrong
I fear the answer is: Bitcoiners believe all kinds of random self-contradictory nonsense about mining.
Conversation
Replying to
It’s still not clear to me how drivechains are anything other than an attempt to bring shittokens to Bitcoin.
At a first principles level, what value does it provide and what problem does it solve?
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Well, big mistake. You should read:
- drivechain.info
- the LinkedIn post where Reid Hoffman announced Blockstream linkedin.com/pulse/20141117
- my truthcoin.info articles on sidechains for Privacy truthcoin.info/blog/zside-mel , + Scaling + ID
- security budget articles
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