Sidechains

Sidechains are separate blockchains that are attached to a parent blockchain (often referred to as the main chain) through a two-way peg, allowing assets to be transferred between the two chains. This technology enables the main blockchain to retain its strong security, while allowing greater flexibility, scalability, and innovation on the sidechains.Sidechains can operate with different consensus mechanisms and can be optimized for specific functionalities or applications, such as faster transaction speeds or reduced fees. They allow developers to experiment with new features and scalability solutions without risking the security or stability of the main blockchain.The use of sidechains can enhance the overall ecosystem by alleviating congestion on the main chain, enabling more complex transactions, and improving user experiences. Additionally, sidechains can facilitate interoperability between different blockchain networks, fostering a more interconnected and versatile blockchain infrastructure.