Monarch [ARCHIVE] on Nostr: 📅 Original date posted:2015-09-01 📝 Original message:On 2015-09-01 10:16, Chris ...
📅 Original date posted:2015-09-01
📝 Original message:On 2015-09-01 10:16, Chris D'Costa via bitcoin-dev wrote:
> However, I fully agree with Adam that livenet is probably not the
> place to play this game, and I'm also not convinced that testnet is
> either.
>
> I often wondered if there is any appetite for a no-holds-barred,
> anything goes, bitcoin fork that would allow for the kind of valuable
> experimentation that Peter R is suggesting? This is a different
> concept than an alt-coin because it would be undoubtedly unstable
> until consensus is reached - and that is the whole idea. It hopefully
> would inform future decisions about what gets rolled into Core. One
> problem I see with doing this, is the lack of incentive.
>
You are describing the essence of sidechains. You might want to check
out Elements Alpha, which has some outrageous experimental changes to
transaction structure. It's a technical Bitcoin sandbox which doesn't
require launching yet another altcoin.
📝 Original message:On 2015-09-01 10:16, Chris D'Costa via bitcoin-dev wrote:
> However, I fully agree with Adam that livenet is probably not the
> place to play this game, and I'm also not convinced that testnet is
> either.
>
> I often wondered if there is any appetite for a no-holds-barred,
> anything goes, bitcoin fork that would allow for the kind of valuable
> experimentation that Peter R is suggesting? This is a different
> concept than an alt-coin because it would be undoubtedly unstable
> until consensus is reached - and that is the whole idea. It hopefully
> would inform future decisions about what gets rolled into Core. One
> problem I see with doing this, is the lack of incentive.
>
You are describing the essence of sidechains. You might want to check
out Elements Alpha, which has some outrageous experimental changes to
transaction structure. It's a technical Bitcoin sandbox which doesn't
require launching yet another altcoin.