Questions tagged [drivechains]

Drivechain allows BTC to travel back-and-forth to other software applications (“sidechains”). Thus, BTC-owners can opt-in to new features. Bitcoin Core nodes don't care what a sidechain does. Sidechain-deposits are instant and zero-trust. Withdrawals are hashrate-controlled and arbitrary, but rate-limited (1 per 92 days) and audit-able (compressed to 32 bytes). Sidechain users can sell their default risk using atomic swaps – also instant and zero-trust.

Filter by
Sorted by
Tagged with
1
vote
0answers
22 views

When is it intended to push to main network upgrades like Taproot, Submarine Swaps?

I have read about some interesting BIPs/projects. I am not asking for their explanations. I simply like to know about their current status - When the dev community intends to implement them on the ...
1
vote
0answers
14 views

Where are Drivechain votes computed?

In the context of the Drivechain proposal, for UTXOs in miner-controlled escrows to be spent, they have to be voted on by each block over a large number of blocks, right? Now, how are these votes ...
1
vote
0answers
25 views

How does a Drivechain output work?

It is said that Drivechain works by sending a transaction output to a miner/hashrate-controlled escrow. I know it works by allowing miners to vote over a large number of blocks on transactions, that ...
0
votes
1answer
36 views

What is the difference between reliance on miners on Drivechains and Lightning?

It's commonly said that the Drivechains proposal gives much power to miners and that they can steal money from these drivechains, but I keep thinking that if what they can do is to vote on which ...