instead of doing drive bys hiding behind cryptic messages and never taking position why don't you counter argue my "contradictions"
Its going to be hard, I didn't see any contradictions. Your statement that the ledger remains the same is accurate, coins transfered to a SC are the same as coins transfered to an address. In both cases there is still one ledger, the mechanics may be different but its still one ledger. Its quite obvious they don't understand both the tech or the economic implications.
"There is one ledger"
Is untrue if (as it appears) you are referring to the side chain and Bitcoin, and true only if you are referring only to Bitcoin.
Each side chain has its own ledger, its own block chain.
Understanding side chains is much easier than understanding your descriptions of them.
No NewLiberty there is in fact a single ledger in the system, you are wholly incorrect and do not understand the basic concepts apparently.
The phase "one ledger" means a single ledger of 21M coins. Yes in sidechains there are multiple separate blockchains, but the 2-way pegging system merges these blockchains into a single ledger. This is the basic 101 concept. Just because it is over your head does not mean that it is not the case.
There is one Bitcoin ledger. There are also as many side chain ledgers as there are side chains.
So how many does that make?
(hint >1)
Please do not pretend to know what is in my head.
I limit my guesses to what is in your head to the words that you write.
I hope I am being helpful to you in making more careful use of those words.
Let me explain it even more simply then.
The sidechain ledgers are merged into the bitcoin ledger through the 2-way pegging process, which creates a single merged ledger. Merged means one ledger, that is why the 21M cap holds.
The reason it is a single ledger is because the separate data structures are merged into a single data structure with 2-way pegging.
Congratulations, in 3 years on this board I've never once put someone on ignore because I usually like to hear what others have to say even if I disagree. But you are the first. It was a feat, you should be proud.