On: Bitcoin Sidechains

[dllthomas]

Well, you also can always trade them directly for bitcoin, like anything else, at whatever rate you can find a counterparty to trade at.

[williamcotton → dllthomas]

But having 2-way pegs to a sidechain would mean that you would never need to trade Sidecoins for Bitcoins on a 3rd party exchange... the system itself does that for you, right?

Isn't that the whole point?

[dllthomas → williamcotton]

To be honest, I'm not entirely sure of the point.