What Is a ‘Sidechain’ and Its Purpose?
A sidechain is a separate, independent blockchain that is connected to a main blockchain (parent chain) via a two-way peg. Its primary purpose is to improve the scalability and efficiency of the main chain by offloading transactions and processing them on the sidechain.
Assets can be moved between the two chains. This allows for faster transaction times and lower fees on the sidechain without compromising the security of the main chain.
Glossar
Sidechain
Architecture ⎊ A Sidechain represents a distinct blockchain network that operates independently but is cryptographically linked to a main chain, typically through a two-way peg mechanism allowing assets to be transferred between the two ledgers.
Independent Blockchain
Resilience ⎊ Independent blockchains, particularly those designed with sustainability in mind, represent a critical infrastructure layer for decentralized systems, offering inherent resistance to single points of failure and external manipulation.