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Blockchain 2.0 – Let a Thousand Chains Blossom
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Topic: Blockchain 2.0 – Let a Thousand Chains Blossom (Read 8161 times)
maaku
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Re: Blockchain 2.0 – Let a Thousand Chains Blossom
April 17, 2014, 09:24:34 PM
#61
Quote from: RocketSingh on April 17, 2014, 06:02:00 PM
If thousand chains blossom, how do i know which is the longest and honest one ?
Different chains, not forks of the same chain.
I'm an independent developer
working on bitcoin-core
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If you like my work, please consider donating yourself:
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BittBurger
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Re: Blockchain 2.0 – Let a Thousand Chains Blossom
April 18, 2014, 12:38:18 AM
#62
Is it correct that Bitcoin would have to do a "hard fork" in order to enable this?
Is that a big deal, or not really?
-B-
Owner:
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
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maaku
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Re: Blockchain 2.0 – Let a Thousand Chains Blossom
April 18, 2014, 01:57:01 AM
#63
No, soft fork.
I'm an independent developer
working on bitcoin-core
, making my living off community donations.
If you like my work, please consider donating yourself:
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evoked22
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Re: Blockchain 2.0 – Let a Thousand Chains Blossom
August 04, 2014, 10:38:24 AM
#64
Can someone please clarify something for me:
If sidechains are introduced to the existing core bitcoin chain responsible for the transactions in order to bring more applications to the network, how would this effect the miners and the network itself? Also, will the miners need to go verify all the chains and their respective data?
Thank you in advance
SnZN5o2ePUgtr9roQyavBC3r41vz7p63ne
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