Posted 9/12/2023, 4:52:30 AM
Debate Reignites Over Bitcoin Sidechain Proposal - Critics Warn of Scams While Supporters Tout User Choice
- Debate reignites over 6-year-old Bitcoin Drivechain proposal BIP-300 to add "sidechains" on top of Bitcoin network
- BIP-300 author claims it can eliminate crypto and fiat transactions, leaving only Bitcoin
- Some warn it could increase scams, others say it will bring new Bitcoin users
- One developer claims to have found a way to achieve BIP-300's goal without a soft fork
- Proponents argue Drivechains allow users to choose desired blockchain model, critics warn of more scams on Bitcoin