Quote from: manselr on August 29, 2016, 06:36:15 PM

I don't think any of those type of proposals is going t be a success unless they are somehow attacked to bitcoin as probably a sidechain or something. I mean who wants to mine a blockchain just for that when you can benefit from bitcoin? I think that is why FCT is being a success, it does not try to reinvent the wheel.

The idea behind sidechains is interesting, it solves the "transferring value off Bitcoin" part but it doesn't solve how hypothetical sidechains would be secured however. The sidechains don't benefit from Bitcoin's large mining network.

FCT = factom? I'm not convinced about Factom. It doesn't achieve decentralised consensus AFAICT and requires trust in a specific network of Factom servers. It is federated at best.

That being said, I'd love to be proved wrong.