16 votes
Accepted

Sidechain with Monero as the base token and Zerocoin as the anonymous token

Yes it's definitely possible, but why create a whole new coin for that? A better idea would be to create a Zerocoin sidechain (post RingCT) for Monero that allows people to move their Monero into the ...
Riaan Swart's user avatar
  • 1,058
12 votes
Accepted

Can Monero stand as a distinct cryptocurrency, or will its features be brought to Bitcoin via sidechains?

A lot of the other answers address some but not all of the questions. Is Monero intended to be a competitor to Bitcoin, or is the intent to develop technology that will improve Bitcoin? It is ...
Ginger Ale's user avatar
  • 5,686
11 votes
Accepted

What are daughter-chains?

The esperanto term for daughter chains is Moneridos. Daughter chains are pegged side-chains which can be merged mined. They are designed to process microtransactions and other stuff that would just ...
q9f's user avatar
  • 685
8 votes

Can Monero stand as a distinct cryptocurrency, or will its features be brought to Bitcoin via sidechains?

I think the answer is both Aside from the privacy advantage of not having worry about being identified as a ring signatures side chain user, Monero offers other advantages such as a hedge of having ...
Yao Choa's user avatar
  • 621
7 votes

Can Monero stand as a distinct cryptocurrency, or will its features be brought to Bitcoin via sidechains?

From my understanding, the problem with implementing ring signatures as a Bitcoin sidechain is that you would stand out like a sore thumb if you transfer normal Bitcoin into the ring-sig sidechain. ...
BauerJack's user avatar
  • 193
6 votes

Can Monero stand as a distinct cryptocurrency, or will its features be brought to Bitcoin via sidechains?

Including it as a sidechain would not make Bitcoin transactions very private as you'd still know which coins were used in the sidechain. Ring signatures would need to be baked into the Bitcoin ...
ferretinjapan's user avatar
5 votes

What exactly are side chains?

Side chains are blockchains that Monero can be moved to and from with a form of pegging. Decentralized sidechains will need miners to secure the network for the same reason miners are needed to ...
seek adventure's user avatar
5 votes

Sidechain with Monero as the base token and Zerocoin as the anonymous token

Another option would be to add a zero-knowledge protocol option, with no side-chain at all. This might be the least code-bucks for the most privacy-bang.
aminorex's user avatar
  • 333
4 votes
Accepted

Would smart contracts ever be possible on Monero?

There are a number of projects currently developing protocols that could be used for p2p transactions, financial derivatives, decentralized governance, and self-enforcing agreements. Once multisig is ...
ajs's user avatar
  • 429
3 votes
Accepted

Could a sidechain with complete transparency be pegged to Monero?

Would is be possible for a developer to create a completely transparent sidechain that is pegged to Monero? That would certainly be possible. To prevent issues with the mainchain we would have to ...
dEBRUYNE's user avatar
  • 15.2k
1 vote

Could a prediction market like Augur be built on top of Monero?

In the future, yes. Check out the Tari announcement. This, alongside the ongoing work at the Monero Research Lab to bring daughter-chains to Monero, is a big step forwards towards Layer 2 capabilities....
jtgrassie's user avatar
  • 19.1k

Only top scored, non community-wiki answers of a minimum length are eligible