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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

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Related Technology

Blockchain and cryptocurrency

Layer 1 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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