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Author Topic: Gold collapsing. Bitcoin UP.  (Read 2014270 times)
Adrian-x
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November 16, 2014, 08:05:36 AM
 #17041

you mean like this trick?

i'm an asshole.

Everytime you resort to ignoring my comments I smile knowing I've won that argument.

You are a sad, sad person cypher. I hope you get some help. This pathetic ego of yours is digging you a hole from where you'll have a hard time climbing out of.

do you really think ppl actually listen to your bullshit ad hominems?  it just shows how young and immature you are.

they just laugh at you like i do.

Seems to my like he's pounding your balls flat with a mallet.  It's all kinds of funny.


Sure I'm laughing too not because brg444 has a solid argument but because cypher keeps him going, the parts that makes it worth reading is the self proclaimed arrogance, shining through the insults.
___

Why do you put up with it cypher, not that you need to do anything, I like Peter's distillation of the issue, what follows is insight brg444 doesn't want presented, so you not getting an opportunity to refine you're point.




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cypherdoc
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November 16, 2014, 08:07:05 AM
 #17042

p

the basis of my argument is that the BTC unit cannot be separated from its blockchain (mainchain) w/o breaking Bitcoin as Money. imo, sidechains allow this and if you read their whitepaper, their core assumption is that they they can be separated.

What you don't care about Bitcoin's Sound Money principles anymore  Angry How dare you !  Cry


They're one and the same point, I don't understand your pitch?

My pitch?

My pitch is that cypherclown has been championing the danger of breaking the holy link between the BTC unit and its blockchain for the past 50 pages but now that he FINALLY realizes federated server sidechains creates this exact mechanism and that these are implementable natively he has yet again moved the goal post to another fallacious argument.



wat?!  lol!

always misportraying my position to try and make yourself look good.  girl.

girl  Huh where is that even coming from

by the way I'm standing right here on the corner waiting for you to formulate your next sidechains doomsday scenario. better make it a good one this time, the last few were a bit too shallow on paranoia  Undecided

everything i said makes sense even with federated servers.  they're INSIGNIFICANT to Bitcoin as they don't change the source code.  that's all i care about.
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November 16, 2014, 08:10:10 AM
 #17043

you mean like this trick?

i'm an asshole.

Everytime you resort to ignoring my comments I smile knowing I've won that argument.

You are a sad, sad person cypher. I hope you get some help. This pathetic ego of yours is digging you a hole from where you'll have a hard time climbing out of.

do you really think ppl actually listen to your bullshit ad hominems?  it just shows how young and immature you are.

they just laugh at you like i do.

Seems to my like he's pounding your balls flat with a mallet.  It's all kinds of funny.


Sure I'm laughing too not because brg444 has a solid argument but because cypher keeps him going, the parts that makes it worth reading is the self proclaimed arrogance, shining through the insults.
___

Why do you put up with it cypher, not that you need to do anything, I like Peter's distillation of the issue, what follows is insight brg444 doesn't want presented, so you not getting an opportunity to refine you're point.

 Undecided

Still waiting

"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
cypherdoc
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November 16, 2014, 08:10:29 AM
 #17044

you mean like this trick?

i'm an asshole.

Everytime you resort to ignoring my comments I smile knowing I've won that argument.

You are a sad, sad person cypher. I hope you get some help. This pathetic ego of yours is digging you a hole from where you'll have a hard time climbing out of.

do you really think ppl actually listen to your bullshit ad hominems?  it just shows how young and immature you are.

they just laugh at you like i do.

Seems to my like he's pounding your balls flat with a mallet.  It's all kinds of funny.


Sure I'm laughing too not because brg444 has a solid argument but because cypher keeps him going, the parts that makes it worth reading is the self proclaimed arrogance, shining through the insults.
___

Why do you put up with it cypher, not that you need to do anything, I like Peter's distillation of the issue, what follows is insight brg444 doesn't want presented, so you not getting an opportunity to refine you're point.





Peter exactly distilled both our arguments, along with NL's.  so yeah, i'm happy.  

why do i put up with brg444?  i don't know.  not that i can do anything about him.  he does help me distill and crystallize my thoughts on this issue which is good.  i know exactly where my objection lies:  the SPVproof.  aka offramp.
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November 16, 2014, 08:12:03 AM
 #17045


Peter exactly distilled both our arguments, along with NL's.  so yeah, i'm happy. 

why do i put up with brg444?  i don't know.  not that i can do anything about him.  he does help me distill and crystallize my thoughts on this issue which is good.  i know exactly where my objection lies:  the SPVproof.

Hmmm nop. I'm not gonna let you piggyback off Peter & NL's contribution.

Their comments had nothing to do with your schizophrenic brain farts.


"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
cypherdoc
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November 16, 2014, 08:14:48 AM
 #17046

you mean like this trick?

i'm an asshole.

Everytime you resort to ignoring my comments I smile knowing I've won that argument.

You are a sad, sad person cypher. I hope you get some help. This pathetic ego of yours is digging you a hole from where you'll have a hard time climbing out of.

do you really think ppl actually listen to your bullshit ad hominems?  it just shows how young and immature you are.

they just laugh at you like i do.

Seems to my like he's pounding your balls flat with a mallet.  It's all kinds of funny.


Sure I'm laughing too not because brg444 has a solid argument but because cypher keeps him going, the parts that makes it worth reading is the self proclaimed arrogance, shining through the insults.
___

Why do you put up with it cypher, not that you need to do anything, I like Peter's distillation of the issue, what follows is insight brg444 doesn't want presented, so you not getting an opportunity to refine you're point.





i'm quite relieved knowing who he is.  you think i should just put him on ignore?  never done that before.  it's not like i learn anything from him.
brg444
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November 16, 2014, 08:15:36 AM
 #17047

Peter exactly distilled both our arguments, along with NL's.  so yeah, i'm happy.  

why do i put up with brg444?  i don't know.  not that i can do anything about him.  he does help me distill and crystallize my thoughts on this issue which is good.  i know exactly where my objection lies:  the SPVproof.  aka offramp.

So you prefer centralized, less secure, more opaque off-chain schemes that can eventually lead to concerning disincentivization for the miners to secure the network and creates considerably more fractional reserve risks.

That's rather strange  Undecided

"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
Adrian-x
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November 16, 2014, 08:16:11 AM
 #17048


Everytime you resort to ignoring my comments I smile knowing I've won that argument.

It's a special kind of insolence, that can hold a belief that off block chain transactions and on blockchain transaction are the same, all the while claim superior knowledge, insight and understanding, while insulting those who attempt to point out otherwise.

I can only laugh when it boils down to a self proclaimed victory.

Cypher this girl has trolled you hard, even lamchop ran away.
brg444's too ignorant to know what he's talking about or he's lying

The intelligent posts speak for themselves, brg444 is only seeking to cover them in $#!±.

I'm still waiting for you to counter-argument my reply to your question.
Don't assume any high ground here.

You haven't corrected the nonsense reply to this post or addressed the concerns I raised here:
https://bitcointalk.org/index.php?topic=68655.msg9409835#msg9409835

You never replied to the questions asked of you here:
https://bitcointalk.org/index.php?topic=68655.msg9449317#msg9449317


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cypherdoc
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November 16, 2014, 08:17:07 AM
 #17049


Everytime you resort to ignoring my comments I smile knowing I've won that argument.

It's a special kind of insolence, that can hold a belief that off block chain transactions and on blockchain transaction are the same, all the while claim superior knowledge, insight and understanding, while insulting those who attempt to point out otherwise.

I can only laugh when it boils down to a self proclaimed victory.

Cypher this girl has trolled you hard, even lamchop ran away.
brg444's too ignorant to know what he's talking about or he's lying

The intelligent posts speak for themselves, brg444 is only seeking to cover them in $#!±.

I'm still waiting for you to counter-argument my reply to your question.
Don't assume any high ground here.

You haven't corrected the nonsense reply to this post or addressed the concerns I raised here:
https://bitcointalk.org/index.php?topic=68655.msg9409835#msg9409835

You never replied to the questions asked of you here:
https://bitcointalk.org/index.php?topic=68655.msg9449317#msg9449317



don't hold your breath.
tvbcof
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November 16, 2014, 08:17:49 AM
 #17050


i'm just relieved to know that i really am arguing with a 24yo kid with a shitty job. Wink  (who still might be a Blockstream shill)

I had all kinds of shitty jobs when I was a kid (but I didn't end up with any college debt.)  I actually enjoyed all of the shitty jobs and moved on when I stopped enjoying them.  Anyway, I don't have much respect for anyone who does NOT have a shitty job at that age.  It only tells me that they are probably some sort of a silver spoon trust fund brat.


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November 16, 2014, 08:20:20 AM
 #17051


i'm just relieved to know that i really am arguing with a 24yo kid with a shitty job. Wink  (who still might be a Blockstream shill)

I had all kinds of shitty jobs when I was a kid (but I didn't end up with any college debt.)  I actually enjoyed all of the shitty jobs and moved on when I stopped enjoying them.  Anyway, I don't have much respect for anyone who does NOT have a shitty job at that age.  It only tells me that they are probably some sort of a silver spoon trust fund brat.



well, he could have a shitty job simply b/c of his shitty attitude.  he could behave at work just like he does here.  do you think i should put him on ignore?
cypherdoc
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November 16, 2014, 08:27:04 AM
 #17052


i'm just relieved to know that i really am arguing with a 24yo kid with a shitty job. Wink  (who still might be a Blockstream shill)

I had all kinds of shitty jobs when I was a kid (but I didn't end up with any college debt.)  I actually enjoyed all of the shitty jobs and moved on when I stopped enjoying them.  Anyway, I don't have much respect for anyone who does NOT have a shitty job at that age.  It only tells me that they are probably some sort of a silver spoon trust fund brat.



i mean it's like talking to a chameleon.  he makes one shitty argument, i rebut, then he diverts to a totally different argument as if the first one never existed. 

i say one thing, he twists all around and misrepresents it, and then insults me. 

and then he claims victory.

at least in our disagreements, there is some intelligence there and the ability to think deeply.

i don't know, should i put him on ignore?   i know it would take away alot of your fun. Cheesy
cypherdoc
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November 16, 2014, 08:31:05 AM
 #17053

you mean like this trick?

i'm an asshole.

Everytime you resort to ignoring my comments I smile knowing I've won that argument.

You are a sad, sad person cypher. I hope you get some help. This pathetic ego of yours is digging you a hole from where you'll have a hard time climbing out of.

do you really think ppl actually listen to your bullshit ad hominems?  it just shows how young and immature you are.

they just laugh at you like i do.

Seems to my like he's pounding your balls flat with a mallet.  It's all kinds of funny.


Sure I'm laughing too not because brg444 has a solid argument but because cypher keeps him going, the parts that makes it worth reading is the self proclaimed arrogance, shining through the insults.
___

Why do you put up with it cypher, not that you need to do anything, I like Peter's distillation of the issue, what follows is insight brg444 doesn't want presented, so you not getting an opportunity to refine you're point.





i'm quite relieved knowing who he is.  you think i should just put him on ignore?  never done that before.  it's not like i learn anything from him.

i mean at one point, i actually was worried i was talking to gmax or even lukejr.  then, i might actually have to learn something. 

i'm so disappointed he is who he said he is.  sheesh, now i might have to actually ignore someone.
Adrian-x
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November 16, 2014, 08:32:16 AM
 #17054

p

the basis of my argument is that the BTC unit cannot be separated from its blockchain (mainchain) w/o breaking Bitcoin as Money. imo, sidechains allow this and if you read their whitepaper, their core assumption is that they they can be separated.

What you don't care about Bitcoin's Sound Money principles anymore  Angry How dare you !  Cry


They're one and the same point, I don't understand your pitch?

My pitch?

My pitch is that cypherclown has been championing the danger of breaking the holy link between the BTC unit and its blockchain for the past 50 pages but now that he FINALLY realizes federated server sidechains creates this exact mechanism and that these are implementable natively he has yet again moved the goal post to another fallacious argument.


There is a big difference between on and off chain transactions don't confuse the two.
And cypher's position has dealt with just 2 issues, you've avoided both of them.

1. A change to the protocol that alters the incentive structure that makes Bitcoin a hard money.
2. Is it ethical for a for profit company to motivate and fund those changes.

You've effectively spent 200 pages not 50, trying to discredit those two facts by denying them,


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Adrian-x
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November 16, 2014, 08:38:05 AM
 #17055

you mean like this trick?

i'm an asshole.

Everytime you resort to ignoring my comments I smile knowing I've won that argument.

You are a sad, sad person cypher. I hope you get some help. This pathetic ego of yours is digging you a hole from where you'll have a hard time climbing out of.

do you really think ppl actually listen to your bullshit ad hominems?  it just shows how young and immature you are.

they just laugh at you like i do.

Seems to my like he's pounding your balls flat with a mallet.  It's all kinds of funny.


Sure I'm laughing too not because brg444 has a solid argument but because cypher keeps him going, the parts that makes it worth reading is the self proclaimed arrogance, shining through the insults.
___

Why do you put up with it cypher, not that you need to do anything, I like Peter's distillation of the issue, what follows is insight brg444 doesn't want presented, so you not getting an opportunity to refine you're point.





i'm quite relieved knowing who he is.  you think i should just put him on ignore?  never done that before.  it's not like i learn anything from him.

Hard to say the issue is actually pointless, but he takes joy in winning his race and that's OK with me.

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
cypherdoc
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November 16, 2014, 08:39:48 AM
 #17056

p

the basis of my argument is that the BTC unit cannot be separated from its blockchain (mainchain) w/o breaking Bitcoin as Money. imo, sidechains allow this and if you read their whitepaper, their core assumption is that they they can be separated.

What you don't care about Bitcoin's Sound Money principles anymore  Angry How dare you !  Cry


They're one and the same point, I don't understand your pitch?

My pitch?

My pitch is that cypherclown has been championing the danger of breaking the holy link between the BTC unit and its blockchain for the past 50 pages but now that he FINALLY realizes federated server sidechains creates this exact mechanism and that these are implementable natively he has yet again moved the goal post to another fallacious argument.


There is a big difference between on and off chain transactions don't confuse the two.
And cypher's position has dealt with just 2 issues, you've avoided both of them.

1. A change to the protocol that alters the incentive structure that makes Bitcoin a hard money.
2. Is it ethical for a for profit company to motivate and fund those changes.

You've effectively spent 200 pages not 50, trying to discredit those two facts by denying them,



c'mon now Adrian.  focus on the bright side.

brg444 has effectively increased the #views on this thread by over 186,308.  now that's good news for those of us participating in the conversation.

we've all become famous.
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November 16, 2014, 08:42:40 AM
 #17057

im just realizing brg444 might probably have some personal interest in SCs. paid troll? dev? you cant just spend so much time defending the undefendable.
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November 16, 2014, 08:55:18 AM
 #17058

Don't assume any high ground here.

You haven't corrected the nonsense reply to this post or addressed the concerns I raised here:
https://bitcointalk.org/index.php?topic=68655.msg9409835#msg9409835

You never replied to the questions asked of you here:
https://bitcointalk.org/index.php?topic=68655.msg9449317#msg9449317

So this is how you play heh... well here I go

I believe this is the issue either I'm wrong or you're wrong.

Bitcoin the currency is a mental bridge to understanding money as memory. The blockchain is the money. The blockchains existence is dependent on the economic incentive to wright transactions to it, it is an economic ledger if you adopt it. (Adopting Bitcoin is agreeing with the utility that it is the ledger.)

Agreed.

When rewards drop to a low quantity, possibly 20 months from now more likely 6 years, transaction fees will be a significant portion of the incentive to mine blocks. The network is dependent on incentivizing miners - to write transactions. In this model there is no wasted hashing, hashing grows to a point where it is supported by the value it provides eventually it grows to the marginal cost of transactions fees necessary to secure the network.  The drop in reward forces efficiency. And competition to mine for fees is incentivized by accepting the lowest fees possible. The mining market will tend to maximize profit by accepting the lowest fees that are viable or competition will get a sustaining advantage.

Sounds good, moving on...

Messing with this has ramifications it changes the core of Bitcoin.
It really doesn't matter what miners think so long as they are at least 2 and they are in competition to write to the ledger in exchange for value that is redeemable in that ledger. The economic incentives, the value in the network, will ensure the appropriate industrial energy is invested.

SC offer a secure way to use your BTC (Bitcoin the currency) but they don't secure the value, SC give me a choice transfer the value into another chain if it has greater value, and exchange it back if the other chain has less value.

They don't secure the value? As long as miners MM the sidechain they absolutely do.

I only believe BTC has a value because the only way in and out is by moving economic energy to the blockchain, Bitcoin in my mind is the blockchain and the currency are inseparable. It is just money is memory, value on the blockchain.

SC obviously have to be innovative (cypher' arguments have largely IMO focused on how you can fake success by messing with price.) But assuming they offer better value fake or real BTC will lock in. The BTC stay there but the value expressed as economic energy moves across.

To secure this value it will need to be mined, MM is the only option as the value will be comparable to that of Bitcoin.
The miners will mine where ever the value is. If the SC becomes more valuable than Bitcoin (note the value can come from speculation manipulation or innovation we don't get a choice) then miners will derive there reward from the chain that gives the most incentives, nothing guarantees it will be Bitcoin.

Miners will not limit their reward to only one chain but an ecosystem of chain with value.

We also know Bitcoin will be disadvantaged over time with it's diminishing reward, and if the value is in a SC it will derive the highest reward from transaction fees. (The most viable argument I've heard is miners just MM all the SC, and I don't think that is a secure stratergy.) SC's could be anything even have an inflation rate however improbable that is it's not impossible, and not unlikely.   I conclude that miners will treat the value chain as the main chain and the Bitcoin blockchain would become less secure as miners don't have an economic incentive to keep it secure. (They earn off another chain)

"The most viable argument" is in fact a very good argument and so you cannot casually dismiss it by a non-argument stating that "you don't think that is a secure strategy".

Also consider this : what if we don't have sidechains and the value chain is actually a federated model scheme or a off-chain service.

Remember that the demand for convenience, utility and speed that is not implementable on the Bitcoin mainchain is very real and will only grow as BTC grows.

Then not only would the Bitcoin blockchain become less secure but the whole security and integrity of the system would be in danger as miners would have no more incentive to secure it (all the txs are processed through federation/oracles/offchain).

Given we don't know who how or what SC will prevail we can probably expect a greater variety than we see with Alts as there are fiewer risks, we know if they fail to become the value chain they lose nothng and everything to gain if they succeeded.

SC represent an attack vector fare more viable than a 51% attack, I for one wouldn't want to get 1:1 BTC back if the SC had more liquidity and a bigger network. And if that happened Bitcoin would not be as viable for me.

What if corpCOIN or paypalCOIN is created through a federated server? Is that not the same "attack vector".?

I am convinced Bitcoin has no place being the dominant money or Master Chain unless it represent the economic memory or the greatest liquidity, SC change that, one may emerge that is adopted for reasons that appeal to non Austrian ideals, and absorbs Bitcoins value.

It looks to me like SC enthusiasts believe BTC the currency is inseparable from the value in Bitcoin the blockchain. When in fact SC only secure BTC the currency and facilitate Blockchain the money to move onto a different chain with different incentives or rules. In reality securing BTC is easier than securing the value on the blockchain. I'm a proponent of Bitcoin the blockchain not blockchain technology.

And with that we complete our loop and return to the argument that SPVproof does not introduce that risk.

Consider there are two existing suspects who are equally capable or disrupting Bitcoin's "greater liquidity" or "economic memory" :
-conventional off-chain schemes
-federated peg sidechains

Ask yourself what is the better way to preserve the ledger's integrity and its economic memory considering the eventual need for BTC to fulfill transactions types and applications that are not implementable on the core blockchain :

-Decentralized algorithmically pegged sidechains

or

-Proprietary off-chain schemes with considerable centralization risks
&
-Federation/oracles supported sidechains that could potentially revoke the miners claim at processing and profiting from tx fees

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, It’s my view that this is in debate when in fact it isn’t.

Some considerations for MM SC:
Is it possible a MM SC with a 1:1 peg could provide a feature that attracts over 50% of transactions?
Yes, as equally possible as an off-chain service or federated sidechain fullfilling the same demand could. Which is worse?
Is it possible there will be over 2 (or 1000) other SC with a 1:1 peg competing for transaction fees?
Yes, if there is demand for the service these sidechains enable. It is also possible off-chain services or federated sidechain fullfilling the same demand could claim these transaction fees. Which is worse?
Is it possible that the other 2 (or 1000) SC could represent approximately 30% of total transactions of all SC combined?
Yes, if there is demand for the service these sidechains enable. It is also possible off-chain services or federated sidechain fullfilling the same demand could claim these transaction fees. Which is worse?
Is it possible that if 80% of all transactions happened on SC’s then there would be approximately 20% of transactions happening on the Bitcoin Blockchain?
Yes, if there is demand for the service these sidechains enable. It is also possible off-chain services or federated sidechain fullfilling the same demand could claim these transaction fees. Which is worse?
Is it possible Miners will supplement their income by mining SC’s?  
Very likely
Is it possible that the chain with the most fees would attract the most mining?  
Possible. But more likely that any chain supporting considerable value will be mined equally. Even more likely the chain with the most fees remain BTC's
Is it possible that the chain that generated the most profit for miners would get the greatest hashing power?
Same question, same answer
Is it possible that Bitcoin block rewards, supplement transaction fees? (Rhetorical question I hope)
Is it possible That the Bitcoin protocol reduces block rewards exponentially? (Rhetorical question I hope)
Is it possible that the chain with the heist profit margins for miners won’t be Bitcoin?  
Possible. But unlikely. Is it possible the chain with the most transactions (highest profit margin) is off-chain services or federated sidechain? If so which is worse?
Is it possible that when Bitcoin’s block rewards reduce to less than the transaction fees generated by the Block reward, at least 51% of miners will still mine for profit? (not some ideological reason)  
Very likely considering there will remain considerable amount of transactions on the original blockchain. Is it possible if this is not the case then miners have no more chains to mine because all txs have been relegated to off-chain services or federated sidechains. Which is worse?

If the above came to pass, knowing the majority of a miner’s revenue is generated by a SC, who will have a profit motive to grow the Hashing power on the Bitcoin Blockchain to protect it?
Why would they want to protect it?
Is it possible if this is the case then miners have no more chains to mine because all txs have been relegated to off-chain services or federated sidechains. Which is worse?

Back at ya  Wink

"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
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November 16, 2014, 08:56:44 AM
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i'm just relieved to know that i really am arguing with a 24yo kid with a shitty job. Wink  (who still might be a Blockstream shill)

I had all kinds of shitty jobs when I was a kid (but I didn't end up with any college debt.)  I actually enjoyed all of the shitty jobs and moved on when I stopped enjoying them.  Anyway, I don't have much respect for anyone who does NOT have a shitty job at that age.  It only tells me that they are probably some sort of a silver spoon trust fund brat.



i mean it's like talking to a chameleon.  he makes one shitty argument, i rebut, then he diverts to a totally different argument as if the first one never existed. 

 Cheesy Cheesy Cheesy Cheesy

the irony.

we don't believe you, you need more people

"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
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November 16, 2014, 09:04:33 AM
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There is a big difference between on and off chain transactions don't confuse the two.
And cypher's position has dealt with just 2 issues, you've avoided both of them.

1. A change to the protocol that alters the incentive structure that makes Bitcoin a hard money.

2. Is it ethical for a for profit company to motivate and fund those changes.

You've effectively spent 200 pages not 50, trying to discredit those two facts by denying them,



Actually I've addressed those several times. And by the way never did he mention the incentive structure. That was YOUR argument. But lemme explain to you again

1.


the answer to the question must be fact and should be indisputable: Does the proposed protocol change to accommodate the SPV proof change the intensive scheme in Bitcoin in any way?

once you have answered that honestly we can debate about how and how much and when and where.

Yes. I believe it actually improves it and enables miners to continue claiming every one of the BTC's currency transactions even in a future where there will be a demand for features and applications that can NOT be implemented on the mainchain.

please define "improves"
please define "what "enables miners to continue claiming every one of the BTC's currency transactions?"

Improves:

Enable miners to continue claiming BTC transactions fxs in a future where the Bitcoin blockchain will be unable to accomodate all types or needs of transactions. It incentivizes miners to continue securing the network in the best possible way by insuring their profitability.

It is an improvement on the current situation where transactions are ALREADY tending to be processed off-chain for convenience, speed and utility. Given the absolute existence and growth of demand for transactions types that are not implementable on the Bitcoin sidechain, the exodus of transactions to off-chain schemes is a rational concern going forward.

This is not only true with concern to miners and their transaction fees but also because for the integrity of the Bitcoin ledger. Off-chain schemes inherently require additional trust in that the ledger will be preserved. The most likely suspects to inflate Bitcoin in its current state are these off-chain schemes. SPVProof sidechains enables the possibility to ensure the conservation of the ledger on a protocol level. With this we potentially eliminate fractional reserve schemes. If your chain/service/application do not recognize and preserve my stake in the ledger, at the extent that I am not looking to speculate on it,  then you will not have my money and neither will you profit from the ledger's network effect.

Of course, this feature can be changed at the whims of the sidechain creator but it is in the interest of the consensus majority of the network to preserve the value of their investment, no matter the speculative prospects.

Bitcoin is a store of value first and foremost. Speculation, as much as it can be a danger to users, is a niche market, especially going forward.

What enables :

SPVProof sidechains, combined with merged-mining, enables miners to accomodate different chains with their security while reserving the rights to claim the transactions of any chain that gains significant traction. Their services are like a stamp of approval. Inclusion into the circle of chains who are MM by miners in some sort validates the legitimacy of a chain.

It is reasonable to assume a majority of sidechains will be bootstrapped on top of a federated model as it enables more security in the probable scenario where you will not be "backed" by the majority of miners from the start. You'll have to "earn your stripes", especially if you are a private entity/corporation.

The most established and community supported/used chains will end up being nearly as secure as BTC's mainchain simply because their value will command the ultimate security/decentralization

2. Considering, as I've explained,  that only a small fraction of the sidechains built by Blockstream could be supported by SPVproof+MM then I see their proposal as ANY OTHER WHITE PAPER that proposes an improvement on an existing technology that could serve the greater good of the community and not only them because.. you know.. OPEN SOURCE.

It is likely that their business model is not entirely dependent on SPVproof. The unethical thing to do would've been to keep for themselves this potentially revolutionary technology.


"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
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