Another aspect of its approach is that it retains compatibility with the Bitcoin technology ecosystem - this policy is now turning out to have worked to a significant advantage in propelling useability to the forefront in terms of wallets, 3rd party support and so on.
Interesting post. I saw in bitcoin magazine that Blockstream will enable instant transactions between exchanges via bitcoin sidechains. Do you think it would be fairly simple to build, let us say an app using Darkchain as the sidechain to do the kind of transactions described in this link? I think this is what the API will help with; is that right? I have heard sidechains promoted as a separate layer of improvement the bitcoin protocol; do you think the API will easily allow you to make an app that allows Darkcoin sidechains that integrate/work with Bitcoin sidechains? I think if the API has easy integration with bitcoin, that could be a big selling point; these private sidechains could be the start of something amazing, I think it could be used for smart contracts if I am not mistaken? Like Counterparty? And especially if there is a GUI app builder/generator and decentralized app launcher that allows you to easily mimic the Blockstream solution (for instant transactions), I think that if it could all be very nicely integrated in a GUI, then literally anyone will be able to make their own sidechain networks for potentially even MORE (or maximum?) decentralized instantaneous transactions via sidechain and it will potentially create many special use cases of DASH; I am curious if this is also being planned? I like the idea of sidechains, and if I could easily create and use/implement a sidechain, that is a big asset for DASH crypto in my opinion.
https://bitcoinmagazine.com/articles/blockstream-to-launch-first-instant-settlement-sidechain-for-bitcoin-exchanges-1444755147All we have is guesswork based on the little we know about Evolution so far but its likely to sidestep sidechains altogether and be able to integrate most of their use cases directly into the network, InstantX and Darksend already do that to a degree but they're a stepping stone towards creating a network that delivers what's needed directly rather than added on.
Thinking it through I wouldn't be surprised if Evolution changes the way we look at blockchains completely but interoperability between chains is nothing like the same problem as interoperability between blockchain based systems and the legacy financial network. Bitcoin has brought digital money forward by several decades and with an up to date system in place to build upon the only limit to what can be built is the imagination.