Adrian at this point it is clear you don't know what you are talking about, you last several replies have demonstrated no understanding of the topic or of bitcoin.
mining profitably since march 2011, immersed in it ever since, its been the major source of income no understanding is a little extreme. Sidechains ARE bitcoin, there is little need for features in a sidechains to be in the main chain also (although very popular ones can be moved).
You must not be a programmer, the main chain is a parent class and a side chain is a child class. This is the right way to look at it.
You must not be a programmer, the main chain is a parent class and a side chain is a child class. This is the right way to look at it.
All I'm saying is the Blockchain is the money, dont mess with it, I care about my private keys like everyone else but the value is in the ledger moving value to other ledgers is actually a threat. This isn't code, it's and economic experiment that parent child relationship is not defined in code, its defined by market forces, I'm not trolling, to be clear I am pro secure trust free 1:1 Pegs that can be diploid within the existing feature set of the Bitcoin protocol, they are an essential innovation to the future of Bitcoin.
I am opposed to changing the protocol as proposed by BlockStream, heres why?
It changes the incentive structure that gives Bitcoin its value. Miners will eventually have to MM Bitcoin not for profit but for some other reason.