Side Chain

Von CoinGecko | Aktualisiert am Mar 03, 2020
A blockchain ledger that runs in parallel to a primary blockchain, where there is a two-way link between the primary chain and sidechain. This allows the sidechain to operate independently of the primary blockchain, using their own protocols or ledger mechanisms. Cryptocurrencies in the sidechain is connected to the main chain with the two-way peg, allowing users to transfer their assets to and fro.

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Verwandte Begriffe

Mnemonic Phrase
A mnemonic phrase (also known as mnemonic seed, or seed phrase) is a list of words used in sequence to access or restore your cryptocurrency assets.
Bounty
Public tasks available for anyone for a reward
Distributed Ledger
Ledgers whose data is stored and synced across a network of nodes.
Side Chain
A separate blockchain ledger that runs parallel with the primary blockchain.
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