Author: Tao Effect 2017-07-12 19:42:49
Published on: 2017-07-12T19:42:49+00:00
The email thread discusses the risks associated with the Drivechain model and its potential impact on Bitcoin's security. While some argue that users have to opt-in to use Drivechains, others point out that this is not how security works and that it encourages miners to steal Bitcoins. The use of anyone-can-spend outputs in Drivechain is also a point of concern as it is encouraged by design and could compromise Bitcoin's security. However, proponents argue that Drivechain has a different security model than other contracts and that most users will not have to go through the Drivechain withdrawal process. Better options for sidechains are being worked on, but they take time. The email also includes links to relevant discussions about the topic.
Updated on: 2023-06-12T03:33:56.022617+00:00