On April 17, the founder of the Drivechain project, Paul Sztorc, published a new blog post concerning the validity of today’s so-called ‘production sidechains.’ Sztorc has declared on multiple occasions that true sidechain technology hasn’t been invented yet and even Blockstream’s Liquid protocol, dubbed “the first production sidechain,” in a critical sense is not a ‘real’ sidechain.
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Paul Sztorc Questions the Validity of the Supposed ‘First Production Sidechain’
Over the last year, there’s been a lot of discussion concerning sidechain technology and the conversation intensified when Blockstream released its Liquid protocol. The project is considered to be a sidechain that’s interoperable with the BTC network, but since the day it was launched has been criticized for its method of consensus called ‘federated distribution.’ Critics believe the federated distribution model is not really ‘peer to peer’ as it relies on a large group of exchanges and fancy multi-signature technology in order to provide trust.
Because of the injected orthogonal trust Blockstream created, Liquid critics believe there’s nothing new or exciting to a consortium of exchanges acting as the custodians for an entire sidechain system. Paul Sztorc is a critic of Liquid and he’s also the creator of an alternative sidechain project called Drivechain. On Wednesday, Sztorc wrote a blog post that questions the validity of Liquid being a ‘real’ sidechain, adding that a recent quote from Blockstream developer Greg Maxwell solidifies his argument.
“Blockstream markets Liquid as ‘the first production sidechain,’” Sztorc details, sharing multiple links where this statement is highlighted on the web. “But I think that something in that
