Quote from: brg444 on October 27, 2014, 09:10:13 PM

Quote from: cypherdoc on October 27, 2014, 09:07:26 PM

Quote from: brg444 on October 27, 2014, 09:01:53 PM

Quote from: cypherdoc on October 27, 2014, 08:57:53 PM

Quote from: brg444 on October 27, 2014, 08:41:22 PM

It seems we are again challenging our ideas of sidechains.

what's happening is again you're not understanding my questions.

presumably these scBTC will have a market price on an exchange, just like BTC. so i ask again, would the price of scBTC on an independent exchange affect your assessment of how well the SC with its innovation is working?

no, what's happening is you don't understand the tech.

presumably, these scBTC if pegged 1:1 and properly implemented would have a market price closely correlated to BTC's from the jump. the price of BTC units on a sidechain is not dependent on whether the innovation is working or not

i do understand the tech. it's you who do not understand the economics.

it's perfectly reasonable to expect the price to differ in certain circumstances even in the presence of arbitrage.

well then if you do understand this I will say yes, of course, the correlation between market exchange rate and technical conversion rate will be considered in my review of sidechains. I fail to see the point of that question though considering the obvious answer.

ok, so if i understand your answer, relative market price btwn a BTC and a scBTC will aid in the assessment of whether a SC is succeeding or not? for example, if the price of scBTC is rising and leading the price of BTC, that might be an indicator that the innovation related to the SC is valid?

second question, would transfer of a "significant number" of BTC to scBTC mean anything to you?