Quote from: stafur on July 07, 2015, 03:25:03 AM

Quote from: stafur on July 07, 2015, 03:06:38 AM

Quote from: stafur on July 07, 2015, 03:00:51 AM

Indeed, holding 51% of a crypto coin in a single wallet/address can lead to a double spending security risk for that block chain. I sincerely recommend against holding more than 51% of any crypto coin or coin age, including that of TrustPlus.

I don't know if/why holding 51% or more of TrustPlus coins/coin age would have been recommended to anyone. I hope that TrustPlus will be allowed to develop based on its own merits if/as folks contribute code to this open source effort, as it is meant to be.

As I stated earlier, if blockstream's sidechains efforts are successful, I will be making an attempt and effort to incorporate that technology into TrustPlus as another open source contribution.

You can learn more about blockstream's side chains at https://blockstream.com

If you're a technical person, the current state of open source available for sidechains elements can be found at:
https://github.com/ElementsProject/elements

from https://github.com/ElementsProject/elements/tree/alpha

What is Elements Alpha?

https://github.com/ElementsProject/elements/tree/alpha

Elements Alpha is the Elements project's first experimental test chain.

Compared to Bitcoin itself, it adds the following features:

Confidential Transactions
Segregated Witness
Relative Lock Time
Schnorr Signatures
Additional opcodes
Deterministic Peg (pegged to Bitcoin's testnet currency).
Signed Blocks

This readme was very informative too... https://github.com/ElementsProject/elements/blob/alpha/alpha-README.md

Looks like it creates a new address using Decimal 2 and you have all the same transaction abilities as bitcoin core using python scripts. I do not see any block chain maintenance like PoW or PoS to keep the side chain honest. What am I missing?
See alpha-README.md for build and use instructions.