Perhaps it is too late for replicating existing use cases. However, the general idea of running EVM-like smart contracts secured by Bitcoin PoW (e.g. merge mined sidechains) is still quite attractive
Perhaps it is too late for replicating existing use cases. However, the general idea of running EVM-like smart contracts secured by Bitcoin PoW (e.g. merge mined sidechains) is still quite attractive
1. Network effects already on Ethereum
2. Bitcoin block time too slow and block size too low
3. Counterparty uses Bitcoin as a data layer, but Bitcoin itself cannot recognize Counterparty transactions, so Bitcoin consensus does not secure Counterparty transactions.
As such, you should know more than anyone how heated the OP_RETURN drama got, and how ANYONE using the BTC chain for anything other than moving money from point A to point B is a complete non-started and will be unanimously opposed by the core development team.
Core devs may not agree with what some users do with the system (current specs/features).. but as the Ethereum miners showed with increase in block size, core devs' philosophical objections may not matter in the end