You signed in with another tab or window. Reload to refresh your session.You signed out in another tab or window. Reload to refresh your session.You switched accounts on another tab or window. Reload to refresh your session.Dismiss alert
Sidechains
More precisely known as pegged sidechains, this is a concept whereby coins can be moved from one blockchain to another and moved back. Common uses include the creation of new altcoins (alternative cryptocurrencies) whereby coins are burnt as a proof of adequate stake. There are two types of sidechain. The example provided above for burning coins is applicable to a one-way pegged sidechain. The second type is called a two-way pegged sidechain, which allows the movement of coins from the main chain to the sidechain and back to the main chain when required.
A chapter or appendix comparing the various scaling solutions would be good.
Discussing side-chaining, and how it could help with the scaling problem, would be good, too:
Mastering Blockchain, for example, only has this on sidechains:
Sidechains (cf. Blockstream / the whitepaper, Elements Project / its GitHub repo, etc.) could be elaborated upon in Mastering Bitcoin's 2nd ed., perhaps in a section comparing all the various scaling solutions.
The text was updated successfully, but these errors were encountered: