BTCapsule 🏴🧡 on Nostr: BitVM can do pegs, but they are difficult, expensive, and can easily be stolen by the ...
BitVM can do pegs, but they are difficult, expensive, and can easily be stolen by the miners. This was basically the same problem in the original Blockstream whitepaper.
If sidechains are ultimately going to be the way to scale Bitcoin, then it makes sense to allow Bitcoin to have the most secure sidechain properties possible. This will require a soft fork.
Published at
2023-12-24 23:51:06Event JSON
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"content": "BitVM can do pegs, but they are difficult, expensive, and can easily be stolen by the miners. This was basically the same problem in the original Blockstream whitepaper. \n\nIf sidechains are ultimately going to be the way to scale Bitcoin, then it makes sense to allow Bitcoin to have the most secure sidechain properties possible. This will require a soft fork.",
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