Quote from: Adrian-x on June 15, 2015, 06:16:34 PM

Quote from: TPTB_need_war on June 15, 2015, 05:15:38 PM

Quote from: cypherdoc on June 15, 2015, 01:07:09 AM

i've always said that when it comes down to federated server pegged SC's, go right ahead. it doesn't change the protocol so i don't worry.

It can be the leverage that causes the protocol to effectively change by replacement of Core. A pegged side chain that is undeniably superior to Bitcoin Core could suck all the BTC out of Core and that pegged side chain could have the spvp implemented. That isn't a guarantee of it happening, but from my perspective the odds are quite high. One of the attributes that raises the odds of such is the resistance to changing the protocol of Core. Thus any undeniably superior tech is unlikely to be politically implementable in Core.

I repeat that a consensus algorithm which can't be 50% attacked has an even better odds of catapulting Core, because it won't be vulnerable in its infancy.

This journey has been like playing a strategy game. I've thoroughly enjoyed it.

this is where you are so wrong! what is superior? Bitcoin is not defined by a hierarchy of superiority, its defined by a juxtaposition of incentives that create a network of people that benefit from those incentives and so the tool is created it's spreads natural like a virus. Those who see value in the tool can use it those who don't use other tools like fiat, alts or gold or whatever they think is hierarchically superior.

the only reason a "superior" sidechain can exist is because the incentives inherent in the Bitcoin protocol have been changed and a bigger network of users could by some engendering supersede Bitcoins network in size, the result is if that were to happen yes all the Bitcoin value would be sucked out.

So superior is defined only as something all those non thinking masses you want to heard believe is better, it doesn't have to be better in any way that's important to me, in fact by your definition of "superior" could even apply to an inflationary sidechain that is followed by the economic majority, with a little manipulation from TPTB, bitcoiners would move there bitcoin over just to survive.

if you want to test whether or not your idea had market appeal use a Spin-off, if you want to co opt Bitcoin and leverage its first mover advantage promote centralized development and Sidechains. The problem is your competing with the actual TPTB for the succeeding SC, not the free market.

If you believe largest size = maximum ROI, then you don't have much experience as an investor or you haven't learned from your experience. If you believe that the largest system always subsumes the smaller, fasting growing (in percentage terms) system, then you fail to study history.

If you haven't forgotten there are three reasons people invest in Bitcoin:

1) Gain wealth

2) Change the world according to their ideology

3) Protect their future wealth against a burgeoning totalitarianism

Superior means technology, marketing, and ecosystem kicking Buttcon's a$$ on all of those key attributes.

For example, Buttcon can not do micropayments now. That is an immediate opening for example. But it is not the only one. I (or let's say the group I'm delegating to) won't reveal the entire hand of cards just yet...

If you view the world's wealth as a pie, then the earliest investors gain the largest slice of the pie. The NWO coin is the dying paradigm. Large but dying. It will expropriate all the wealth it sucks into it.

Stay in Buttcon and you will end up a pauper at the end of it all. With pegged side chains, you have potential outlet to great wealth.

Edit: the larger a system becomes, especially a political system like this, the more difficult it becomes to make any changes to it. It will become more and more brittle over time. You have no experience at all with software and scaling if you don't understand clearly that Bitcoin core is doomed long-term. You must have outlets for innovation, else you will end up with an inescapable morass. Nothing scales monolithically. Only the End-to-end principle scales and Bitcoin core doesn't have it.