Post
Topic
Board Bitcoin Discussion
Re: This Bitcoin technology will destroy your favorite altcoin
by
davis196
on 30/06/2021, 06:01:50 UTC
https://thegarret.org.uk/this-bitcoin-technology-will-destroy-your-favorite-altcoin-drivechain/

Bitcoin side chains could be developed that implement any features and characteristics of any altcoin on a side chain using BTC as collateral.
What are your thoughts on Bitcoin side chains? Is there really potential for Bitcoin to metamorphosis into every altcoin? Or are there some key limitations that could stop this from happening?

A Bitcoin sidechain is what it is-a sidechain.Bitcoin cannot "metamorphosis" into any altcoin,because the Bitcoin Core blockchain cannot be changed.
I remember that many people in the BTC community were talking about the Atomic swap 2 or 3 years ago.
Nobody is talking about Atomic swap now.I guess that it will be pretty difficult for such sidechain projects to get mass recognition and mass adoption.The vast majority of the crypto users don't trust sidechains.
All the legit altcoins like ETH cannot be dethroned by such competition.