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Topic: When are Sidechains going Live? And the Fork ... ? (Read 3243 times)

sr. member
Activity: 404
Merit: 362
in bitcoin we trust
I don't understand why this has all been announced (with fundraising) without even a proof of concept? So far it's just academics. Can't there just be an example of a two-way peg with existing test coin forks? For example: between a forked bitcoin testnet and a forked litecoin testnet?

We're working on it.  Some test stuff running internally.  Watch this space.

Adam
hero member
Activity: 692
Merit: 569
I don't understand why this has all been announced (with fundraising) without even a proof of concept? So far it's just academics. Can't there just be an example of a two-way peg with existing test coin forks? For example: between a forked bitcoin testnet and a forked litecoin testnet?

I agree with this, I read the whitepaper on sidechains and it looks interesting. If someone can start a prototype running on a testnet people can start contributing
jr. member
Activity: 54
Merit: 1
That's not what I'm saying.
sr. member
Activity: 381
Merit: 255
Most people will never understand the protocol. Nor do they need to, in order to use/adopt Bitcoin.
Sidechains are practically necessary to make most other changes.
Sure.

But for now, more people understanding and using bitcoin is more important.

People dont care how things work, as long as they work. Nobody has time to specialize in each and every field the world has to offer. Heck, people in general dont specialize in anything anyway. The payment industry, and the Bitcoin industry is what is going to bring Bitcoin to the masses, not the other way around. Bitcoin should not be more than "yet another number on my screen" for the avarage user. Just forget the silly dream of teaching everyone about it.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
I don't understand why this has all been announced (with fundraising) without even a proof of concept? So far it's just academics. Can't there just be an example of a two-way peg with existing test coin forks? For example: between a forked bitcoin testnet and a forked litecoin testnet?
hero member
Activity: 821
Merit: 1000
Most people will never understand the protocol. Nor do they need to, in order to use/adopt Bitcoin.
Sidechains are practically necessary to make most other changes.
Sure.

But for now, more people understanding and using bitcoin is more important.

These things need to happen in parallel and Bitcoin core needs to continue to evolve (Sidechains being part of that as it opens many over avenues) ...
We all need to play our part; if you have something to offer then reach out.

Bitcoin is still very young; give it another few years and the landscape will be different.
jr. member
Activity: 54
Merit: 1
Most people will never understand the protocol. Nor do they need to, in order to use/adopt Bitcoin.
Sidechains are practically necessary to make most other changes.
Sure.

But for now, more people understanding and using bitcoin is more important.
legendary
Activity: 2576
Merit: 1186
I think the world is not ready for sidechains yet, most people still didn't even understand bitcoin itself. No fork is currently proposed because there's a lot to do making bitcoin user-friendly and more used.

The reference client is not ment to be user friendly. Remember, this is a protocol, not a mom and pop application. It is being developed for developers in my point of view.
I am not talking about the reference client.
Or any client.
Or any piece of software.
I am talking about the whole idea of bitcoin and protocol, it needs to be improved/polish in ways that facilitate understanding and adoption, and sidechains are the opposite of that.
Most people will never understand the protocol. Nor do they need to, in order to use/adopt Bitcoin.
Sidechains are practically necessary to make most other changes.
jr. member
Activity: 54
Merit: 1
Aren't side chains going to need their own infrastructure for processing transactions?
Aren't side chains literally a infrastructure for processing transactions?
jr. member
Activity: 54
Merit: 1
I think the world is not ready for sidechains yet, most people still didn't even understand bitcoin itself. No fork is currently proposed because there's a lot to do making bitcoin user-friendly and more used.

The reference client is not ment to be user friendly. Remember, this is a protocol, not a mom and pop application. It is being developed for developers in my point of view.
I am not talking about the reference client.
Or any client.
Or any piece of software.
I am talking about the whole idea of bitcoin and protocol, it needs to be improved/polish in ways that facilitate understanding and adoption, and sidechains are the opposite of that.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
Aren't side chains going to need their own infrastructure for processing transactions?
legendary
Activity: 2576
Merit: 1186
Once the SPV peg test sidechain is mature/stable/well-tested to everyone's satisfaction, at that point there can be a softfork to make it the "main" blockchain (at which point the federated peg becomes unnecessary and goes away).

Would you share some technical goals for that new main candidate?
As gmaxwell said, it's far too premature to be talking about any concrete plans for this.
hero member
Activity: 836
Merit: 1030
bits of proof
Once the SPV peg test sidechain is mature/stable/well-tested to everyone's satisfaction, at that point there can be a softfork to make it the "main" blockchain (at which point the federated peg becomes unnecessary and goes away).

Would you share some technical goals for that new main candidate?
legendary
Activity: 4256
Merit: 1313
I dont see sidechains working out. Its one of those projects which look exciting but have too many issues to work out to be worthwhile. There is also not enough incentive for devs to spend time on it.
That's why we started a company, so we can work full time on Bitcoin.

That makes a very limited number, usually those with a lot of stake directly in Bitcoin. Since sidechains dont let the new devs get a bigger stake, they would preferably work to create their own chain.

You do not need a large number, but those involved (see http://www.blockstream.com/sidechains.pdf ) are talented developers and generally well respected.  A small group will probably be quite successful.  In general, alt-chains/alt-coins have much less to offer than sidechains on the bitcoin mainchain, imo.

I do not believe this is about "getting a bigger stake" by having, for example, an inflationary chain but about doing something that will be hugely beneficial to bitcoin and, consequently, to their own work etc. 

:-)
hero member
Activity: 584
Merit: 500
I dont see sidechains working out. Its one of those projects which look exciting but have too many issues to work out to be worthwhile. There is also not enough incentive for devs to spend time on it.
That's why we started a company, so we can work full time on Bitcoin.

That makes a very limited number, usually those with a lot of stake directly in Bitcoin. Since sidechains dont let the new devs get a bigger stake, they would preferably work to create their own chain.
staff
Activity: 4284
Merit: 8808
Well I'm not sure what you're expecting: releases are planned; and proceeding more or less on schedule: http://sourceforge.net/p/bitcoin/mailman/message/32971508/

Some features have had to slip here and there, mostly due to a lack of testing interest from the community; e.g. http://www.reddit.com/r/Bitcoin/comments/2krlob/wladimir_tweets_call_for_testing_and_review_help/

Please don't confuse Bitcoin with a product that is owned by someone who can just set out and tell you how you're going to be able to use Bitcoin in the future. Bitcoin's future is defined by what people make of it; not some schedule anyone imposes on it top down.
hero member
Activity: 924
Merit: 1001
Thanks Greg.  I edited my post above to include more information.  I got a little feisty at first, but then felt like my response was a bit too argumentative.

-B-
staff
Activity: 4284
Merit: 8808
I haven't insulted anyone.  Dev team members have publicly stated that there has been a lack of progress, direction, and organization partially in part due to ongoing arguing, and other issues.  I am not insulting.  I am quoting.
No they haven't.

Mike Hearn has made some comments like that, but he's not a member of the development team of Bitcoin core, and I believe everyone who is actually involved in the development was more or less mystified by his comments. I certainly was. They certainly don't reflect the actual enormous amount of ongoing activity.

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But its important for the community to know that this thing they hope for isn't even slated for development or release
Thanks for making the agenda in your post clear, I guess Smiley  But it's not so, things are actively being developed, but the design we came up with was one where much of the development could happen without any additions to Bitcoin at all (via the federated peg, described in the appendix of the sidechains whitepaper). It would be improper to take things out of order and suggest softforking additions to Bitcoin without making the use-case for it.
hero member
Activity: 924
Merit: 1001
Quote
Frustrating having a decentralized system when there's nobody managing timelines, milestones, and delivery dates.....

Quote from: gmaxwell
Plenty of people are. but you choose to ignore
I'm not familiar with the concept of choosing to ignore something.  Why would I choose to ignore something I am a fan of?  I dont even know if these processes exist.  If they do, then awesome!  Why would I ignore that?  I'd feel happy.

Quote
and insult the people working on the project, for which you don't pay
I haven't intended to insult anyone.  Dev team members have publicly stated that there has been a lack of progress, direction, and organization partially in part due to ongoing arguing, and other issues. I admit I have been a little grumpy publicly about the seeming lack of progress and delivery dates, but I promise you - it has been 1,000% based on the comments I heard Gavin make at the Amsterdam conference, and other insinuations that there is a lack of direction.  Honestly its none of my business.  So I apologize if it ever seemed like I was insulting anyone individually.  You're quite right that I am not in the trenches and therefore should not comment.

As for not paying - I planned to put quite a bit of money into the Lighthouse project - assuming I understand what it is (paying for core Devs).  I have donated anonymously to Gavin, Andreas, LTB/Adam Levine and others I feel should be downright wealthy because of all their hard work.  I invested/donated $10,000 to the Ethereum project as well.  Nevertheless, paying for things wouldn't warrant insulting the dev team.  But I have "paid".

Quote from: gmaxwell
No fork is currently proposed.
Could you expound on this?  I opened this thread to get more information.

My original question was whether Sidechains are coming, and if so when.

To further explain:  The only reason I even made this thread is because I repeatedly see people talking about Sidechains as the coming savior in Reddit and elsewhere.  A lot of people are under the impression that it's the next item up for release.  And a lot of discussions / arguments / conversations are being based on the upcoming availability of them.  It finally struck me that I've seen zero mention of them from anyone "official" and I wondered if people are making wrong assumptions.  I don't see any direct responses above - GMaxwell you would've been the one guy who probably could've provided some direct info.  So Im still somewhat in the dark.  But its important for the community to know that this thing they hope for, isn't even slated for development or release....

-B-
sr. member
Activity: 381
Merit: 255
I think the world is not ready for sidechains yet, most people still didn't even understand bitcoin itself. No fork is currently proposed because there's a lot to do making bitcoin user-friendly and more used.

The reference client is not ment to be user friendly. Remember, this is a protocol, not a mom and pop application. It is being developed for developers in my point of view.
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