LayerTwo Labs

"Bro just watch the dub" The dub in question:

@GreaserRichard Thanks Dick Greaser

@LayerTwoLabs That's a good explanation of consensus

What is the strongest argument against making Core-untouched soft forks (CUSFs) the default mechanism for consensus changes? Bitcoin Core maintainers do not want that responsibility, and they should not be expected to have it.

@GoldenGatsby @SDLerner @RootstockLabs Not you satirizing an editorial mistake in your hit piece 😭

@LayerTwoLabs @SDLerner @RootstockLabs 😘

Hi @RootstockLabs + @SDLerner. Your hit piece on eCash is written in such a way that it implies Sergio Lerner created the concept of Drivechains in 2016, and that Paul's work followed shortly after. The original Drivechain article was published in 2015. Please make a correction there. Thanks!

@GoldenGatsby @SDLerner @RootstockLabs I believe a statement in the article itself, stating transparently that a mistake was made is standard editorial practice. I think a correction note just under the last bit where Sergio states his later implementation is superior would be a good spot. Cheers!

@SDLerner @LayerTwoLabs @RootstockLabs The team fixed this and have also included a reference to Paul's original blog here 🤘rootstocklabs.com/blog/forkdropp…

@MrHodl @BitcoinDebates @Truthcoin

@BitcoinDebates @Truthcoin BCash. He thinks centralization is a good thing. The entire point of Drivechain is to allow Bitmain to control it.

In the middle of a Knots-vs-Core debate on Tone Vays’ show, a Bitcoin protocol dev straight-up punched himself in the face after he admits @Truthcoin has been right all along about L2 fees. Rearden acknowledges the core Drivechain argument: if L2s (Lightning, Ark, BitVM, etc.) get too efficient at keeping transactions off-chain, they could suck all the real economic demand out of Bitcoin’s block space. That leaves mostly empty blocks in 5–10 years, kills the fee market, and collapses the security budget. At that point, Bitcoin is effectively dead as a secure monetary system. Then Rearden explicitly says: “This is a place where Paul Sztorc is correct… one of the benefits of Drivechains is [they] aggregate the L2 transaction value to the base layer.” That’s the entire Drivechain thesis in a nutshell. Unlike most L2s that try to minimize on-chain footprint (and thereby minimize fees paid to Bitcoin miners), Drivechains are designed to bring real, aggregated economic activity and fees back to the Bitcoin main chain. They turn L2 scaling into a feature for Bitcoin’s long-term security, not a bug that hollows it out. Rearden still hopes other L2s will somehow do the same, but he concedes the point: if they don’t, the whole “L2s will save us” story falls apart — exactly what Sztorc has been warning about for years. Even Jimmy Song and Tone look like they’re processing the implications. Pure vindication for anyone who’s been riding with Paul Sztorc on this. The market will eventually price it in. 🚀

Reminder: BitVM creator @robin_linus stated years ago that BitVM "is just a workaround" to the now decade of bikeshedding around BIP300, which was the direction inspiration for BitVM

Thanks for the prompt correction 🙏

@RootstockLabs Paul proposed his design in 2015, not 2016. Please correct this, thank you truthcoin.info/blog/drivechai…

Infinitely many cases

After studying the trade-offs among different L2s in depth, I concluded that BIP300 is an exceptionally strong proposal. Activating Drivechains via CUSF would address many of Bitcoin's key problems.

Drivechoin

I first discovered @Truthcoin about 8 years ago Around the time when Liquid launched and he criticized it for not being a proper sidechain At the time, I remember thinking that he’s an arrogant asshole who enjoys raining on parades But later I realized that he is right + his prediction turned out to be true It’s a recurring pattern that I see in many other people: first they dismiss Paul, then they realize that he was right all along. Some of them will acknowledge it, others will keep on hating him because he’s right and cherry pick the situations when he’s not right out of spite. But Paul built the first prediction market on Bitcoin before was cool – admittedly inspired the Polymarket creator He also had one of the most interesting and balanced perspectives during the scaling debate in 2015-2017, then remained friends with both camps despite the rabid tribalism. Paul proposed his BIP300 for Bitcoin, went through the whole Core bureaucracy and even paid the BIP editor (Luke Dashjr) to rewrite the text and the biggest critic (Peter Todd) to write his best article with his objections. He spent hundreds of hours on podcasts explaining how Drivechains work. He went to every conference that invited him to talk about his proposal. At one point when Bitcoin seemed close to activating OP_CAT, he even considered launching a barebones version of Drivechains until the Core devs consider BIP300 more seriously. Then Paul came up with CUSF: the Core Untouched Soft Fork, a way for miners to safely activate soft forks without waiting for Bitcoin Core to lead the way. Paul also tried to talk to mining pools, trying to get a 51% majority in spite of Core: but the apathy he discovered and the lack of understanding on behalf of mining pools didn’t take the initiative anywhere. I know all of these events because I have been documenting them on my podcast for 6 years. I’ve been telling my listeners to try the Drivechains software for free for about 2 years. But the HODL & ossify culture is too strong. So I don’t blame Paul for deciding to launch his own fork which runs Drivechains. I’m actually happy that I get to see the tech on a live network, with real financial incentives. I really look forward to Ecash: because in spirit, I’ve been an investor in Drivechains since first reading about them and realizing that it embodies the true Bitcoin maximalist dream!

@rodpalmerhodl Is this not you?

if saylor dumps 800k coins and plunges us into a bear market so long and so dark our children are forced to listen to real estate podcasts.. it will be the fault of all the plebs who glazed him

@rodpalmerhodl @Truthcoin eCash is for the people

@Truthcoin the world needs ecash

An important new video... youtu.be/r9JWZ5CzVvY

They're trying to memory hole Ordinals

@PakoVM >Doohickey >Thingamajig >Gizmo >Doodad Of all the things you listed, you left out the only one that actually had any meaningful impact on BTC, besides fodder for the technorati to naval gaze about and seek funding for

The comments (and quotes) sayin that nothing of value has been built with Taproot. Looks inside: > Ark > Statechains > BitVM > Miniscript > All the advancements to make Cashu non-custodial > SuperScalar > Rollups > DLCs Those just from the top of my head.

@rodpalmerhodl Day 47 of Rod Palmer's hatred of plebs becoming literal and not ironic, I cannot abide such intolerance #PlebLivesMatter

citrea discovered that trolling retarded plebs is the cheapest, most effective marketing strategy known to man