Drivechains and the Ecash Debate
A new blog post by Sergio Demian Lerner analyzes the proposed Ecash chain and its drivechain-based architecture. The article compares drivechains with BitVM-style systems as approaches for trust-minimized Bitcoin sidechains.
rootstocklabs.com/blog
🔗
Forkdropping: Why the eCash Chain Harms the Bitcoin Ecosystem
Drivechains, more precisely described as hashrate escrows or hashrate locks, are one of the approaches proposed to enable more decentralized sidechains. Paul Sztorc invented the idea of drivechains in 2015 and in 2016, I introduced an early drivechain proposal based on the COUNT_ACKS opcode.