Softchains are a sidechain implementation that interact on a deeper level with consensus mechanisms, which can bring benefits and risks.
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.