BitMEX Research on Drivechains

“We assess the sidechain peg-out system and the benefits of blind merge mining.””In particular we discuss some of the Bitcoin mining economic and incentive arguments around sidechains.””There are potentially higher mining costs associated with merge mining and the claim that these costs can never contribute to centralisation risks, is somewhat fanciful, in our view.””However, a successful blind merge mined sidechain with significant MEV opportunities could offer Bitcoin significant benefits, which could more than offset the disadvantages.”

Full Blog Post
Archive

Leave a Reply

Your email address will not be published. Required fields are marked *