During the last few days, a number of cryptocurrency supporters have been discussing Paul Sztorc’s Drivechain project, also referred to as “Drivenet.” The Drivechain project has been a work in progress for years now, and just recently Sztorc published a new version of the Drivenet software. On June 29, the Bitcoin proponent John Light tweeted “Running Drivenet” on Twitter, letting the public know about the application’s “important benefits.”
During the last five years scaling concepts, offchain networks like Lightning, and sidechains have been both hot and controversial topics. This week, a number of bitcoiners have been discussing Paul Sztorc’s Drivechain and the platform Drivenet.
The Bitcoin supporter, John Light, tweeted about Drivenet on Wednesday. Similarly to Hal Finney’s 2009 tweet that said: “Running Bitcoin,” Light tweeted:
Running drivenet
— John Light (@lightcoin) June 29, 2020
Light detailed how he synced the platform and obtained testnet tokens from a faucet. He then sent some coins to a sidechain and after syncing up his sidechain node, the deposit confirmed. Following the confirmed deposit, Light decided to send some coins to a second sidechain, which also confirmed. “This is where the magic happens: withdrawing funds from the sidechain back to the mainchain,” Light wrote.
“My withdrawal [transaction] has been included in a bundle of sidechain [transactions] waiting to get transferred to the specified addresses on the mainchain. If mainchain miners ‘upvote’ this bundle in 140 of the next 300 blocks, the transfer will complete. Currently at 27/140 upvotes required. Mainchain status: Spent. [The] Sidechain withdrawal went through. Thank you testnet miners for not censoring or stealing my coins,” Light tweeted. The Bitcoin proponent further tweeted:
To recap: I sent some testnet coins from a modified bitcoin testnet to a Drivechain-based sidechain.
