I expect that preventing a 51% style attack on any alt coin used will be necessary?
So that would mean that any coin used in the sidechain would have to be a coin that is potential competition for BTC too?
51% attacks only affect blockchains, not assets/"coins".So that would mean that any coin used in the sidechain would have to be a coin that is potential competition for BTC too?
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Then assets within donkeycoin's blockchain are susceptible to reversal and/or oversight/control by the 51% attacker.
If the attacker achieves 66% (or whatever the configurable threshold is for the sidechain), then they can also begin to steal outside assets pegged into that blockchain.
The donkeycoin asset/coin itself is irrelevant to this, and may or may not exist.
So that could mean BTC could conceivably be stolen, as BTC could be pegged in the "Donkeycoin" blockchain?If the attacker achieves 66% (or whatever the configurable threshold is for the sidechain), then they can also begin to steal outside assets pegged into that blockchain.
The donkeycoin asset/coin itself is irrelevant to this, and may or may not exist.