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Blockstream CEO says Bitcoin sidechains will kill altcoins

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, […]

Blockstream CEO says Bitcoin sidechains will kill altcoins