Jeff Swann on Nostr: They are all federated trust models. But they are federated models with no ability to ...

They are all federated trust models. But they are federated models with no ability to inflate & no ability to target any single customer, & they can be small & run by a limited number of known entities with good reputations, & then networked via Lightning to other sidechains.

Drivechains on the other hand require massive miner particpation to be secure, no potentially malicious miner can be excluded, & it requires a change to the incentives on the base layer that could over time break the entire system.

There are a lot of people who don't seem to understand the sensitive dependence on initial conditions that is at play when you screw with things in a system like Bitcoin.