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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Related Terms

Zero Confirmation Transaction
Another name for "unconfirmed transaction"
Bagholder
A person who is holding a large quantity of cryptocurrency which is declining in value or becoming worthless
Stale Block
Double mined blocks that are not included in the blockchain.
Pump and dump scheme
A market manipulation method to drive up the price of an asset before profiting by driving it back down.
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