Quote from: TPTB_need_war on June 11, 2015, 06:31:28 AM

Quote from: majamalu on June 11, 2015, 06:00:42 AM

Quote from: TPTB_need_war on June 11, 2015, 05:29:12 AM

Note I think altcoins can coexist and benefit from pegged side chains (nullifying the risk that pegged side chains could copy and steal value from innovation, i.e. threat of Communism!).

Well, the altcoins stole value from btc innovation in the first place.

No they expanded the ecosystem by increasing innovation (even if in most cases that innovation was only to increase speculation opportunities since many come to this ecosystem for speculation) and that insight is also the generative essence of my insight into what altcoins need to do to survive along with pegged side chains.

Yeah, heres why I'm personally not interested in (Bitcoin) sidechains:

Quote from: tacotime on June 09, 2015, 08:30:18 PM

Sidechains are altcoins, which use Bitcoins as their basis. By subscribing to the sidechain, you subscribe to the same ethos as Bitcoin... namely, the vast number of coins owned by Satoshi and now the core developers (some of whom were rumoured or seen to have made large purchases of Bitcoins with the formation of Blockstream).

There is also a black swan in form of Monero sidechains brewing in the future:

Quote

The idea is that the dynamic block limit should give us the ability to slowly grow as consumer technology (bandwidth, latency, disk space) improves, but if we find that we're starting to outpace it we can make the limiter more aggressive. Moreover, we're (hopefully) going to have enough functionality moved to daughter-chains / sidechains over the next few years that mainchain won't be filled with unnecessary metadata.

http://www.reddit.com/r/Monero/comments/394dep/how_does_monero_scale/cs0utg7

can't status quo innovation in the Internet era Grin