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Sidechain

Sidechain

A separate blockchain network that connects to another blockchain, called a parent blockchain or mainnet, via a two-way peg.

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Is a
Technology
Technology

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Related Industries
Cryptocurrency
Cryptocurrency
Blockchain
Blockchain
Related Organization
Loom Network
Loom Network
Polygon
Polygon
SKALE Network
SKALE Network
Gnosis Chain
Gnosis Chain
Related Technology
Blockchain and cryptocurrency
Blockchain and cryptocurrency
Layer 1 network
Layer 1 network
Layer 2 network
Layer 2 network

Pegged sidechains enable bitcoins and other ledger assets to be transferred between multiple blockchains. This gives users access to new and innovative cryptocurrency systems using the assets they already own.

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Further Resources

Title
Author
Link
Type
Date

An Introduction to Sidechains

Stephan Roth

https://www.coindesk.com/learn/an-introduction-to-sidechains/?msclkid=691f8292b1ed11ecb0282bcddd9d425f

Web

March 7, 2022

References

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