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It's bitcoin. It uses bitcoin, it's powered by bitcoin, it's bitcoin. The sidechain distinction isn't a helpful one if people end up using it by default. Yes,

It's bitcoin. It uses bitcoin, it's powered by bitcoin, it's bitcoin. The sidechain distinction isn't a helpful one if people end up using it by default. Yes, it's uncertain it will work, but the point is that it's not inherently obvious that bitcoin can't accommodate Visa's transaction volume. The above comment made it seem like that's a given.

lawn 9y ago
It uses Bitcoin but it is not Bitcoin. It has different security considerations, usage and it's fundamentally different. That it settles to Bitcoin does not make it become Bitcoin. Beef isn't a cow even though it uses (parts of) a cow. The second part I agree with. According to Satoshi: > Bitcoin can scale larger than the Visa Network It's not obvious that this is false.