13 sats \ 2 replies \ @notgeld 19 Jul \ parent \ on: Sequentia: A Bitcoin sidechain that doesn't need a peg/bridge bitcoin
Under proper peg-outs, people typically mean the existence of a unilateral exit. Your project likely misses this feature for users when the operator of the sidechain disappears.
One of the fundamental properties of Sequentia is not needing an exit, unilateral or otherwise, because you don't need an entry.
If there is no peg in (no representation/derivative of BTC on the sidechain), then there is no peg out either of course.
You don't need to represent BTC on Sequentia because you can swap tokens on Sequentia for actual BTC on the mainchain.