Tuesday, October 28, 2014

Sidechains Are Important


If the blockchain is significant, than sidechains are a very important addition, and provide flexibility for ever more rapid innovation. Sidechains don't sacrifice security because they leverage the bitcoin mining infrastructure.

http://www.blockstream.com/sidechains.pdf
http://avc.com/2014/10/sidechains/
Updated with more linkage: http://two-bit-idiot.tumblr.com/post/101127362499/more-sidechains-believers

Update 2: Another description: http://gendal.wordpress.com/2014/10/26/a-simple-explanation-of-bitcoin-sidechains/


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