Softchains Bring Two-Way Pegs And Potential Room For Use Cases — But Not Without Security Costs Today


This is an opinion editorial by Shinobi, a self-taught educator in the Bitcoin space and tech-oriented Bitcoin podcast host.

In this next piece looking at different sidechain implementation designs, we’re going to go through softchains. This is another one of Ruben Somsen‘s proposals for a sidechain mechanism. This differs heavily from spacechains, the design covered in my previous article. It requires a specific change to the Bitcoin Core protocol specifically structured to implement a sidechain, imposes a new validation cost on Bitcoin full nodes, and has support for a two-way peg mechanism that does not depend on a federation to custody funds.

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