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> My own best guess is that sidechains will be a net positive for ethereum adoption, but a net negative for the ethereum currency market cap. I don't see how a
by untilHellbanned 12y ago
> My own best guess is that sidechains will be a net positive for ethereum adoption, but a net negative for the ethereum currency market cap.
I don't see how adoption and market cap can go in opposite directions.
- drcode 12y agoContracts will pull in bitcoin using sidechains, but "gas" will use the ether currency. Ether market cap would decrease because the coins aren't locked down in contracts, but in active circulation. Basically, it means you're decoupling the "store of value" and "medium of exchange" aspects of money, using bitcoin to "hold value" and ether to do the rest.