Drivechain

Credit: Paul Sztorc

http://drivechain.info - links to many articles and videos

https://bips.xyz/300 - bidirectional transfer mechanism

https://bips.xyz/301 - blind merged mining

This month we will focus on the drivechain proposal. Drivechain is a sidechain design, which aims to allow the transfer of bitcoin to and from another application. Some putative examples of drivechain applications are

  • a sidechain with strong transaction and balance privacy
  • a high-throughput sidechain with cheap transactions
  • a prediction market sidechain

We will start with an overview of the proposal, then move on to a debate.

Debate Resolution

Activating BIP 300/301 would not significantly increase the risk of consensus disruptions (such as more frequent or longer reorgs).