DRA

Paul Sztorc Replies to Peter Todd's Drivechain Analysis | L2L Spaces | 2023-10-27

October 27, 2023Original source

Paul walks a LayerTwo Labs Space through Peter Todd's paid Drivechain analysis, skipping recent Lightning news to dispute fraud proofs, BIP 300 hash-rate escrow, BIP 301 blind merge mining, and the claim that miners must run every drivechain node. He argues Namecoin-style equivocation does not apply, that reorgs already invalidate some transactions, and that higher fee revenue is not the same as a high L1 fee rate. Callers say ordinals already crowd L1, that a good idea still needs a narrative, and that a miner-activated Drivechain soft fork would meet a user-reject campaign. Later talk covers whether inscriptions would leave L1, OP_CAT as a clumsy hash-rate escrow, BitVM's limits as a two-way peg, Lightning inbound liquidity and LSP privacy, and Ark pools on cheaper sidechain block space. The Space ends on withdrawals as bond-like swaps, Todd skipping a follow-up podcast, and a last call for defenders of the article.

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