The debate about Bitcoin Drivechain (BIP300) is dramatic and experts from many sides present their views, while I believe that users will come out victorious.
Bitcoin has been stagnant for some time now, but Bitcoin can handle it because it has sound foundations and I believe Nakamoto Satoshi's very positive vision for all crypto participants. It is natural that the Bitcoin network shows advanced guidelines in the direction of the correct distribution of crypto benefits. We have witnessed that many creators of altcoin tokens got rich overnight, while in most cases the correct distribution of wealth was missing, which greatly affected the development of the crypto space. But I believe that soon there will be more correct projects in accordance with the vision of Satoshi Nakamoto, i.e. the greater independence and economic viability for crypto participants.
Drivechain consists of two BIPs:
BIP 300 (Hashrate Escrows)
BIP 301 (Blind Merged Mining)
BIP300 “Hashrate Escrows” proposes that Bitcoin sidechains should have transactions signed in batches using hash power over time. Drivechains will allow the network to create, send and receive BTC to and from those layer 2 sidechains, which would be a huge game changer.
Drivechain has divided crypto experts and some think that Bitcoin will take over the monopoly, others think that it will eliminate most of Altcoin, and I believe that it will show the directions for developers to establish better values ??than the previous ones, because there is a famous sentence: when developers compete, then users profit . Which is somewhat the vision of Satoshi Nakamoto.
According to my conclusion, Drivechain is not an attack on Altcoins, but an attempt to contribute to a better crypto space and could be a guide for all quality networks to establish better values.
