Skip to content

Comment on Sidechain Elements: Open source code and developer sidechains for Bitcoinparent

Comments

A sidechain can be made to pay out bitcoin rewards to its miners, but it needs to get the coins from somewhere, as it can't generate them from thin air like the main blockchain. For example, it could get the coins from transaction fees, or demurrage (interest paid from everyone holding coins).

This is arguably a better incentive than altcoin mining since miners would be paid in real bitcoins.

AboutSource Built by g1lg1l

Hackerly is an independent reader for Hacker News, built on the public HN API. Not affiliated with Y Combinator.