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LiteCoinGuy (OP)
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February 05, 2015, 07:41:53 AM
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Gregory Maxwell: Demo Sidechains to Be Available in ‘A Few Months’

NEW YORK (InsideBitcoins) — Adam Back and Gregory Maxwell were both interviewed by the Epicenter Bitcoin Podcast on Tuesday, and they were able to share a variety of interesting facts and updates on the sidechains project. Both Back and Maxwell are part of the development team at Blockstream, and the company released the sidechains white paper to much fanfare in late 2014. The interview gave the bitcoin community some insight into how sidechains will be rolled out to the public and when everyone will be able to test out a demo version of the two-way peg.

http://insidebitcoins.com/news/gregory-maxwell-demo-sidechains-to-be-available-in-a-few-months/29531

https://www.youtube.com/watch?v=jE_elgnIw3M
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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February 05, 2015, 11:19:53 AM
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Nice update.

One error in their transcription is they say "scrypt opcodes".  Scrypt is not script.  :-)
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