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0 sats \ 2 replies \ @patrick1 OP 22 Sep 2023 \ parent \ on: Ask SN: Have you used a sidechain? bitcoin
Why would you say rootstock's design is cooler? The permissionless peg system?
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4 sats \ 1 reply \ @supertestnet 22 Sep 2023
It is merge mined with bitcoin and something like 65% of miners run their software. Meaning rollbacks and doublespends on rootstock cost a lot more than rollbacks and doublespends on other chains, including liquid.
I think rootstock is about 90% as good as a drivechain would be -- except it's a clone of eth, which is silly. It would be better if it was a clone of liquid but merge mined with bitcoin.
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0 sats \ 0 replies \ @patrick1 OP 22 Sep 2023
Apparently plenty of Bitcoin holders are willing to use eth contracts on eth itself. Over 162,000 BTC are on Ethereum alone via wrapped BTC. Lightning network has less than 5,000.
Wouldn't it be better if we could get the people using Bitcoin that way to actually pay the miners and secure the main chain? If there's demand for people to use Bitcoin this way, why wouldn't we do it?
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