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Author Topic: A simple explanation of Bitcoin “Sidechains”  (Read 973 times)
knight22 (OP)
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October 27, 2014, 03:37:14 AM
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Awesome explanation of how Bitcoin sidechains work and why they are important for Bitcoin's future.



A simple explanation of Bitcoin “Sidechains”

http://gendal.wordpress.com/2014/10/26/a-simple-explanation-of-bitcoin-sidechains/

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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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October 27, 2014, 03:50:22 AM
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Awesome! Very good stuff.
I'm very interested in this.
Thanks for sharing. :: Thumbs up ::

{ Imagine a sequence of bits generated from the first decimal place of the square roots of whole integers that are irrational numbers. If the decimal falls between 0 and 5, it's considered bit 0, and if it falls between 5 and 10, it's considered bit 1. This sequence from a simple integer count of contiguous irrationals and their logical decimal expansion of the first decimal place is called the 'main irrational stream.' Our goal is to design a physical and optical computing system system that can detect when this stream starts matching a specific pattern of a given size of bits. bitcointalk.org/index.php?topic=166760.0 } Satoshi did use a friend class in C++ and put a comment on the code saying: "This is why people hate C++".
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