Quote from: smooth on April 11, 2014, 12:22:44 AM

Quote from: cypherdoc on April 11, 2014, 12:17:07 AM

Adam has admitted that there is risk in being caught in a Sidechain during an attack. this automatically makes those BTC less valuable on the open market than those on the mainchain.

They can't be less valuable other than for very short term liquidity reasons (jumping chains is like mining so you have to wait, so you might prefer to trade, but that will be at a small premium) because the are exchangeable. The effect of a side chain not being secure is that no one would exchange into it and everyone would exchange out of it, so it just dies.

This of course may mean the whole scheme fails. If people do not view any of these side chains as secure, no one will ever exchange in. You might need a floating exchange rate (i.e. altcoin) to allow people to price the risk.