Re:Bitcoin Sidechains
by williamcotton on Tuesday October 28, 2014 @02:12PM
(#8522483)
But without a block reward there would be no incentive to verify and secure the transactions of these Sidecoins, right?
The system that you're describing related to a block reward being in some "different currency having a floating exchange rate" is so foreign to me that I can't even begin to ask any questions!
It seems like sidechains can't have a block reward at all, because that would allow creating new BTC outside Bitcoin. Or perhaps the block reward would have to be paid in a different currency than BTC which would have a floating exchange rate.