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Author Topic: What's up with Bitcoin RSK Sidechains (Rootstock ethererum killer)  (Read 189 times)
gentlemand
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August 31, 2018, 04:45:10 PM
 #21

The one fact that tells me it's not a hyped pile of crap is the lack of ICO. Throw in the sheer amount of time spent developing it and it's quite possible it will become rather wonderful. Throw again the sheer amount of heavyweight backers and it's about as far from the usual junk infesting this space.

It'll be ready when it's ready.

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September 02, 2018, 06:26:34 AM
 #22

But that is the point, a sidechain is not its own network and therefore cannot be an "altcoin". Can a Bitcoin sidechain live without the Bitcoin blockchain?

I think not. because a side-chain is connected to bitcoin chain and is relying on it for its existence but at the same time it is disconnected in a way because you go on another chain and basically convert your bitcoins to new tokens on that chain....
at least that's how I understand it.

That is precisely what I have been debating with exstasie. A sidechain cannot be an "altcoin" because it is not in its own network. Although transactions of sidechain "tokens" are recorded in its own "database", it is still not an independent, and "alternative" network.


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