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Ethereum is completely separate from the Bitcoin blockchain/network, it's a new cryptocurrency system with a much more expansive scripting system than what Bitc
by kristofferR 12y ago
Ethereum is completely separate from the Bitcoin blockchain/network, it's a new cryptocurrency system with a much more expansive scripting system than what Bitcoin has at the moment.
Ethereum could, with relative ease, be created as a Bitcoin sidechain instead of being totally independent from Bitcoin. However, as far as I'm aware - the Ethereum "coins" called ethers couldn't be transferred, which would suck for people who bought ethers in the ether sale.
Etherum will likely continue being its own thing, but someone may also very likely fork it to be a sidechain.
- rabbyte 12y agoI'm wondering if it's possible to use a sidechain to effectively bind two dissimilar chains together. If that's possible you could use bitcoins to run ethereum contracts and use ether to send money to a bitcoin wallet. Both systems would do well; Bitcoin for its brand recognition for digital finance, Ethereum for its generalized scripting capability. edit- looks like I found my answer: http://bitcoinmagazine.com/12349/side-chains-challenges-potential/ http://bitcoinmagazine.com/12349/side-chains-challenges-pote... I think the future will see all of these systems interoperating and we'll no longer be debating popularity.