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E83: BIP300: The Bitcoin Change That Makes All Others Obsolete - Paul Sztorc Interview

Built on Bitcoin with Jacob Brown

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The Importance of Accountability in Bitcoin

The key revolution of side chains or a bit 300 however you want to think about it is one of responsibility. Each side chain kind of like has its own little CEO, the benevolent dictator developer who runs the project but that person is accountable to the actual users. Because if no one sends any coins there, then there's no coins on the network. So we have now we have like a USSR developer Weirdo committee thing, which is horrible. It's actually much better if they hate each other.

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