<oembed><type>rich</type><version>1.0</version><title>₿lack Swan wrote</title><author_name>₿lack Swan (npub1sw…h2049)</author_name><author_url>https://yabu.me/npub1swan7cn5gq7vze7qncxa6av90wfn2y99nnp5t5tdvln04clcwrts5h2049</author_url><provider_name>njump</provider_name><provider_url>https://yabu.me</provider_url><html>Except it’s not permissionless. Changes to Bitcoin require permission from the developers, the miners and, ultimately, the users.&#xA;&#xA;Drivechains are a novel concept, however they are a solution looking for a problem where there is no demand.&#xA;&#xA;Coupled with the lack of trustless peg-out and opportunity for abuse, what you’re left with is a threat vector in which the risk outweighs the benefit.&#xA;&#xA;What is Layer 2 Labs path to profitability to provide return on the $3m to its investors?&#xA;&#xA;Personally, it’s a nack from me. I wouldn’t care if Satoshi himself wrote the BIP proposal.</html></oembed>