Quote from: BittBurger on April 16, 2014, 05:16:00 PM

This is Bitcoin related because its about Bitcoin Sidechains (better phrased as "Blockchain 2.0")

I am honestly trying to decide whether to liquidate my Litecoin holdings right now. And I have a lot. I already converted all my other alts to BTC awhile back. Simply because if this absolutely brilliant (and long overdue) modification of "Sidechains" becomes a reality, everything Litecoin can do will automatically become part of Bitcoin.

If you haven't already heard what this is all about:
http://letstalkbitcoin.com/e99-sidechain-innovation/#.U064_1c1Gn8

This is how it should have been done 2 years ago. But I guess nobody anticipated all the unoriginal copycats who would come along. Just trying to get themselves rich by carbon copying Bitcoin with minor adjustments, hundreds of times over. Since that's what happened, this need was realized, and this solution has been presented.

Thank God.

My stash set aside for the Ethereum IPO is now up for question too. I don't envy the Etherum guys - after pouring blood, sweat, and tears into their endeavour, something comes along that may do the same thing, only in a more healthy way that directly benefits BTC (versus "ethers"). Maybe they can still IPO, then transition to a "proper" sidechain with the Bitcoin network after. But then what happens to everyone's "ethers" ?

Sidechains will require a "hard fork" according to Vitalik. Is that going to be a deal killer? Or is a hard fork no big deal? If its no big deal, then I may just convert all my LTC to BTC and be done with it. Andreas already convinced me awhile back that in the end, BTC was going to be the one left standing. But I hung on to LTC just in case. Now .... ?

-B-

Sidechains is like all eggs in one basket, thats about as stupid as it gets.
Dogecoin will be Dogecoin, Sidecain or not makes no difference, same for every other altcoin that survives (vast majority will die a natural dead anyway).