Sep 3, 2018 · 1 min read
Nice article. A question which came to my mind is about the waiting periods in the symmetric two-way peg. Why is there a need for two waiting periods and why would this take so long?
Isn’t it possible to just wait for some blocks (e.g. 12 on ethereum => a which would be 4 mins) on the main chain after the transaction and after that the coins can be instantly used in the sidechain because no double spending will be possible on the main chain.
