Do it quick because altcoin's glory day may be coming to an end.
I would rephrase that altcoins that are not simultaneously pegged BTC side chains glory days
may be coming to an end.
...
That is the road I went down (sorta) and never could come up with anything which was not, at best, highly kludgy. Part of the reason for this is that I did not take the time to study Bitcoin in depth and never did fully appreciate some of the primitives that were being worked on within core. I'll look for your better results.