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It is correct on first order that Bitcoins is isolated from bugs in sidechains. However, a good case can be made that sidechains could lead to more mining centr
by drcode 12y ago
It is correct on first order that Bitcoins is isolated from bugs in sidechains. However, a good case can be made that sidechains could lead to more mining centralization, which is always the elephant in the room with Bitcoin.
- kristofferR 12y agoWouldn't it be the exact same centralization situation if the sidechains in question instead were developed as altcoins? The altcoins/sidecoins that use merge-mining may lead to centralization while the ones that do seperate mining probably won't? Or is there any difference?
- drcode 12y agoThe problem is that bitcoin mining has very slim margins now, and if sidechains happen, "mining difficulty" will go even hight and mining sidechains will be pretty much be mandatory for ROI. However, mining many sidechains requires significant computing resources.