Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
brg444
on 05/11/2014, 15:08:33 UTC
One could design a SC with a sidecoin plus a faster  tx time for scBTC, I think.

Which goes back to the question i had for you yesterday, is this possible?

Possible I guess, but let me spin the question around. Is this desirable?

Remember that in that scenario the sidecoin does NOT have the same value as the scBTC residing on the same chain.

Ok, we're making progres.  If it's possible then it's a given it will be done. And if it's done, miners WILL defect out of greed to the sc.  So now you'd have 2 drivers of the sc; users and miners. That will kill Bitcoi.  

 Roll Eyes

Why are you so conveniently ignoring the essential argument?

NO ONE CARES FOR A SIDECHAIN WITH A SIDECOIN. Users will NOT use it because it does not offer the risk-free put and if users do NOT use it then miners have no incentive to mine it.