- I can see adding sidechains for other major cryptos such as litecoin and peercoin. Wouldn't it be possible now to trade amongst them as well? Huge liquidity.
this may not by true... so do not take my words as final... but I think we could integrate with everycoin which has multisig. But... it will require to run full node of that client by all witnesses. So it would be difficult to run 20 full nodes of different coins. So (in my opinion) we should focus on:
* BTC
* ETH
* DOGE
If BTS exploded w/ each coin added, I don't think witnesses would mind running more nodes.
Seriously, though, if a worker proposal for sidechains gets approved, we could immediately send a press release to create a buzz around the bitcoin world.
Plus, we would be in the good graces of the bitcoin centric guys
Yes, excellent point.
I think we should market a BTS-BTC sidechain like a theatrical release. Promote & hype it until the release date. Hit the trollboxes, the news outlets, get bytemaster to do some interviews (Daily Decrypt to start?), etc. Then, as the product gets developed show screenshots, weekly updates, testnet videos. I liked the fact that Eric Martindale of Blockstream was excited to help out. He would totally validate a bitshares-bitcoin synergy on the bitcoin side.
What would be a good release date? It should be something everyone can remember: July 20ish, 2016, the bitcoin halving date! Not sure how long development would take, but if it could be done sooner, the extra time could be used to fully test it. If later, well let's get this sucker approved to get there!