Offtopic:

Congratulations to Adam and the other members of Blockstream: http://blockstream.com/
The white paper: http://blockstream.com/sidechains.pdf

Exciting times ahead.

Guy

Imagine a technology that makes it possible to trust anyone. Now imagine your bank, your mortgage and all your assets are all built with that technology. This is certainly not our present, but it could be our future.

Blockstream is a group of people who share a vision of how to transform global systems of value exchange that, by design, put you first.

5.1.2 Economic experimentation

Bitcoin’s reward structure assigns new coins to miners. This effectively inflates the currency but it
winds down over time according to a step-wise schedule. Using this inflation to subsidise mining
has been a successful complement to transaction fees to secure the network.

An alternate mechanism for achieving block rewards on the sidechain is demurrage, an idea
pioneered for digital currency by Freicoin (http://freico.in).