That makes no sense.
Miners have nothing to lose by mining the sidecoin in this scenario as it's its own asset independent from scBTC and not inflationary to it as rocks is trying to imply.. It's just extra money in a different form which they will gladly take.
Miners have nothing to lose by mining the sidecoin in this scenario as it's its own asset independent from scBTC and not inflationary to it as rocks is trying to imply.. It's just extra money in a different form which they will gladly take.
man you are stubborn....
miners have no incentive mining the sidecoin because it will not be used. there will be no value in it.
exactly for the same reason they don't mine most of the altcoins right now. no reason to bother.
a sidecoin booted on top of a sidechain is an inferior chain to its equivalent 1:1 scBTC peg. that's all it comes down to
You haven't explained why no one would use the Sc. It has a faster tx time.
scBTC also has the faster tx time. it doesn't need sidecoin to do that
That's precisely my point. ScBTC has faster tx time. Therefore SC will be used and even
more so because miners can earn sidecoin as well.
where do you get the idea that there is any sidecoin created. that is precisely my point. yes the SC will be used. NO there will not be any sidecoin subsidy. there is no reason or need for one.