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RE: Side chains are shit too.

in #bitcoin7 years ago

A little-known aspect of sidechains is the ability to map differing amounts to an initial transaction. When you make a payment for instance into a bank and they hold 10% capital reserves they are able to issue $10 for each dollar you deposit.

Do you have a link to back up these claims? I couldn't find anything searching for this.

I'd love to see this post updated with links to the sources.