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RE: Bitcoins Sidechain is Live and Already has 60% of Network

in #bitcoin6 years ago

Great news. Some complain it's federated. Seems fine to me in this situation.
I read today Temco is going to do its ICO on a RSK sidechain.
Sounds great, but I'll believe it when I see it.

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The federated part isn't that bad. You can verify if they are pegging it right. They can't make any fake bitcoins(unless it a major bug but it be a blockchain bug which mostly likely affects bitcoin as well).
The federated part is only temporary until a trustless soft fork peg can be made. Drivechain one of those pegs is in test net right now so that cool :)