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Federated sidechains by 2015-09-01

Federated sidechains by 2015-09-01


Will the source code to run federated sidechains be released by 2015-09-01?

Federated sidechains as defined by

A centralized version which requires Blockstream's participation or permission does not count as "released"; releasing 99% of the code minus one required server-side ingredient does not count as "released". An additional week after the betting deadline is allowed for testers to verify that the code does in fact work.

Decision Logic

Federated sidechains as defined by

Before 2015-09-01 23:55 UTC:

Source published,
Source compiles,
Clear consensus within bitcoin community that it works as advertised,
Working examples available,
Blockstream not required to operate.

"Consensus" does not include idiots/trolls/shills who don't understand or ignore the whitepaper - some human intelligence may be required to evaluate this decision.

CLOSING IN2015-09-02 06:55:00

10:17PM, Apr 21, 2015 UTC

6:55AM, Sep 2, 2015 UTC

6:55AM, Sep 9, 2015 UTC

RESOLVED AT 12:17AM, Sep 11, 2015 UTC

Total Volume: 0.2736

This bet has been resolved!

The outcome was "No"

0.27358753 was split between 7 bettors.
# of Bets:1
# of Bets:7


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Avalon 12:39AM, Sep 11, 2015 UTC
We had a pretty good look at the [seemingly] only fed-chain project (Elements). Although it shows promise, it does not meet the decision criteria of a 'working example' or 'clear consensus'. That is, it's in alpha form and not designed to be 'working' quite yet, more so a development environment and building block to actual working examples. More importantly, we couldn't find any clear consensus that this thing works as fed chains are supposed to.
Explodicle 8:20PM, Aug 25, 2015 UTC
I notice that I'm the only one betting Yes, even though Sidechain Elements was announced on 2015-06-8 and the source is available on GitHub: Am I missing something? If anyone disagrees that Elements counts as a federated sidechain per the terms above, would you please explain?

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