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Topic: Austin Hill, CEO of Blockstream, will soon have a monopoly on Bitcoin developmen (Read 915 times)

legendary
Activity: 1540
Merit: 1000
You need to go and look at how the blockchain and networks actually work, there have been many attempts to fork the blockchain, as for making a new one that's called an altcoin no matter how people try to spin it.
newbie
Activity: 43
Merit: 0
Austin Hill, CEO of Blockstream, will soon have a monopoly on Bitcoin development.

Open-source projects have something called 'maintainers'. These are people who decide what goes into the code. If everyone pegs their BTC to the sidechain, it will have a network effect. Bitcoin will die and the sidechain will become Bitcoin2?
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