The technology has beennaround for several years. It's getting a boost in traffic because a well respected bitcoin dev recently did a request on core, the next step on a path to pushing it.
Drivechain is a minimaly invasive addition to bitcoin , that does not impact anything or anyone not interested in using it. It allows more functionality to be expressed on a layer 2 of bitcoin. Including a better versionnof lightning and a better version of ethereum or any present or future altcoin that tries to take away bitcoin dominance. Its an insurance policy, a lifeboat and a swiss army knife, all without risking main net.
Not sure if this is eli5 though.
To an actual 5 year old i would say: Drivechain is icecream with sprinkles. You get to choose what kind of sprinkles. Gundrops or chocolate or walnuts ? Your choice does not take away from someone else choosing not to have sprinkles.
Cyber Seagull
npub1w7…mwyhg
2023-08-31 19:21:32
in reply to nevent1q…98aw
Author Public Key
npub1w72nkwnrhncuwjxmmmh3px74dhjgcv8de5nayzfygrp6mj33e96sumwyhgPublished at
2023-08-31 19:21:32Event JSON
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"created_at": 1693509692,
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"content": "The technology has beennaround for several years. It's getting a boost in traffic because a well respected bitcoin dev recently did a request on core, the next step on a path to pushing it.\n\nDrivechain is a minimaly invasive addition to bitcoin , that does not impact anything or anyone not interested in using it. It allows more functionality to be expressed on a layer 2 of bitcoin. Including a better versionnof lightning and a better version of ethereum or any present or future altcoin that tries to take away bitcoin dominance. Its an insurance policy, a lifeboat and a swiss army knife, all without risking main net.\n\nNot sure if this is eli5 though.\n\nTo an actual 5 year old i would say: Drivechain is icecream with sprinkles. You get to choose what kind of sprinkles. Gundrops or chocolate or walnuts ? Your choice does not take away from someone else choosing not to have sprinkles.\n",
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}