Thread - Nostr Hypermedia

"Turing complete" is nonsense. Z-cash has a trusted supply in order to achieve privacy. Risking the most important characteristic is not a good tradeoff. Sounds like you need to stop huffing the shitcoin propaganda. If you haven't noticed, changing Bitcoin is both risky & difficult. I would prefer that people build economically sustainable external solutions. 15 supernodes is functionally far more secure than most alts. Even some of the largest shitcoins are extremely centralized despite infinite noise about "defi" or whatever.

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Replies (6)

Sovereign Matt sovrynmatt@nostrplebs.com 2 years ago

You say Turing complete is nonsense but the numbers suggest otherwise where you compare them to bitcoin . Drivechain keeps the btc supply cap 21 million so not sure what you on about z-cash for. You peg your bitcoin to a bitcoin sidechain with same privacy features that z-cash tech offers.l without the shitcoin. Btw Shitcoins on bitcoin already exist with Taro assets, counterparty, omni, RGB, Liquid, Ordinals, inscriptions, btc-20 tokens etc.

Cyber Seagull 2 years ago

In one post you say " Risking the most important characteristic is not a good tradeoff." And in the previous post you claim Liquid, a KYC'd custodial solution is more desirable. We have entered the phase of the argument where you know you are wrong and grasping at air. Allow me to give you a face saving out: we learn and grow by being wrong, it's ok.

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Cyber Seagull 2 years ago

Drivechain allows for one minor change to push mosy future changes to Layer 2. It is a more secure way to develope bitcoin functionality.

Jeff Swann 2 years ago

The most important characteristic is the guarantee of a limited supply. Liquid doesn't risk supply, & there's no need to KYC anything. Stfu

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Cyber Seagull 2 years ago

Now you are spiralling into madness and cope, the last retreat of the vanquished. Muddied and defeated you swing your sword around as the truth encircles and closes in, like the final scene in a period movie. Drivechains do not increase supply.

Cyber Seagull 2 years ago

Everyone participating in the Liquid multisig is KYC'd. You skipped over the custodial thing. Very important. If bitcoin is custodied it can be censored.