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2023-08-15 05:37:44

Komi_Hartman on Nostr: A #sidechain proposal that enables two-way pegs with no changes to #Bitcoin Core. ...

A #sidechain proposal that enables two-way pegs with no changes to #Bitcoin Core.

https://ursuscamp.github.io/bitcoin/2023/08/10/sidechains.html
Drivechain aim to minimize the need for trust by relying on Bitcoin miners to validate and merge mined sidechain blocks. This way, they leverage the immense hashpower of the main Bitcoin network. The idea is to "drive" the sidechain security through Bitcoin's PoW consensus.

And sidechain can leverage smart contract technology to achieve two-way pegging, enabling high throughput while ensuring user asset control.

So it’s time for 'Plasma' & 'NOCUST'…
Author Public Key
npub1s8fcg6f3xzyveeft32rqwywzre6q3pszs6ansd9y6a86kutumchqa07p4z