Blockstream CEO says Bitcoin sidechains will kill altcoins

2019-10-23 13:43

The development of sidechains could transform Bitcoin into an all-useful blockchain protocol and make many altcoins redundant, according to sidechain pioneer and Blockstream CEO Adam Back. Speaking on a panel at Transylvania Crypto Conference, Forbes reported, Back stated that altcoins would have “less credibility” when sidechain technology could facilitate “easy-to-use extension mechanisms” for Bitcoin—that is, […] The post Blockstream CEO says Bitcoin sidechains will kill altcoins appeared first on CryptoSlate. origin »

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Recent Bitcoin Transaction Shines Light on Institutional Accumulation Trend

Bitcoin’s price has been fairly stable below $24,000, with sellers being unable to firmly degrade its strength despite the weakness seen across altcoins BTC’s dominance has been rising rapidly as it sucks the oxygen out of the room, with analysts widely targeting continued strength against altcoins However, Bitcoin still has some major hurdles in its path that may continue hampering its growth and stopping it from seeing any massive uptrend This includes the massive resistance […]

2020-12-24 21:00


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