Side Chain

Od użytkownika CoinGecko | Data aktualizacji 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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Hasła pokrewne

Mainnet
It is the main network of Bitcoin, where the transactions of this cryptocurrency are registered and take place.
Algorithm
Algorithm is a set of rules to follow to solve a problem or conduct a task.
IEO
Initial Exchange Offering (IEO) is a spin-off of Initial Coin Offering (ICO), where the sale of tokens are conducted on an exchange rather than by the coin team themselves.
Second-Layer Solutions
Secondary network or framework built atop an existing blockchain to address transaction speed and scalability issues.
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