Read_755 - Drivechains

"A successful blind merge mined sidechain with significant MEV opportunities could offer Bitcoin significant benefits, which could more than offset the disadvantages." - "Blind merge mining works by a third party running the sidechain, building sidechain blocks and receiving the sidechain fees. This entity then creates a Bitcoin transaction, which passes on these fees to the Bitcoin miners in the form of Bitcoin transaction fees." — ⁠Bitmex research A trustless, high assurance means of moving Bitcoin into, and out of a side-chain, is essentially the holy grail of Bitcoin scaling. It would change the game and potentially be the last piece of the puzzle for a global, interoperable Bitcoin ecosystem where the entire world could truly and completely "hold their own keys." Are Drivechains the best solution, or is it lacking? The always thorough, Bitmex Research covers a great piece on the ins and outs of Paul Sztorc's Drivechain proposal which he has unrelentingly supported for nearly a decade now. Find out in today's show! Check out the original article from Bitmex research: ⁠Drivechains A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show! 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠bitcoinaudible.com/coldcard⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠Nodeless.io/guy⁠⁠ Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠bitcoinaudible.com/fold⁠⁠ ------------------------- "Visions are worth fighting for. Why spend your life making someone else's dreams?" — Tim Burton --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message