HuluvuBlue / is on Nostr

Bedtime Labs - Exploring Bitcoin Layer 2 use cases with mutable digital assets on the Rootstock-Bitcoin Sidechain;
Little Drawlings; Web3PFP

web3pfp: ipns://k51qzi5uqu5dl07azv1cur9axyzi7wv9q90bow9koqywgv3swibert8r9532ch

Last Notes

2023-08-10 00:27:50

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Drivechain is literally the upgrade that allows for secure scaling and building on layer 2

2023-08-09 23:51:46

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Lol I quoted satoshi are you suggesting I'm putting words in his mouth or something?

2023-08-09 21:57:59

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Only a fucking idiot SCAMMER would want SIDECHAINS
https://void.cat/d/PsTmpu76nGS1WjNcuSAcSa.webp

2023-08-09 21:56:36

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We do want it as a community, literally every bitcoin in layer 2s right now is a testament to that fact.
https://void.cat/d/SW7sLrHiJaw3LUjmRfCvVP.webp

2023-08-09 21:22:05

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From what I can tell - Drivechain might make miners more money and we don't know what they'll do with it.... Drivechains enable other things to be built on Bitcoin, that could be bad.... Drivechains are too complex because I am not a developer therefore they are scary and bad.
But it honestly is starting to seem more like subconscious protection of the LN related investments or some weird fears of the unknown with regards to the SEC claiming any namable entity who builds anything new on the protocol automatically renders it a security idk...
I don't see the drivechain critics talk bad about CTV or recursive covenants (in regards to complexity and potential for unforseen consequences...)

2023-08-09 20:46:23

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Rootstock is a merge mined layer 2 that supplies miners with more txn fees than LN, increasing the BTC security budget. It has about 2/3rds the amount of BTC on it as are in LN channels. It's been around for almost 6 years and allows people in countries where it is hard to access the USD to save in Bitcoin backed stablecoins. So yeah, it's in the room

2023-07-23 02:03:50

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Sidechains with "consensus adjacent" subnets are the best way to scale digitally into the decentralized information web and the only way to scale bitcoin physically outside of the earth-moon system.