What is a sidechain. #Sidechains are an independent type of #Layer2 scaling solution.
24 Jul 2023, 15:46
What is a sidechain? 🤔
#Sidechains are an independent type of #Layer2 scaling solution.
These work alongside the primary #blockchains.
In short, Mintlayer is a sidechain to Bitcoin; that is scalable, and can help increase throughput without straining the primary chain.
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Same news in other sources
224 Jul 2023, 15:46
Sidechains create a new space for the development without involving any modifications to the primary #Bitcoin protocol. 🏗
♻️ The primary chain’s integrity remains intact, while still allowing for innovation and progress in the ecosystem.
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Sidechains create a new space for the development without involving any modifications to the primary #Bitcoin protocol.
Sidechains create a new space for the development without involving any modifications to the primary #Bitcoin protocol. 🏗
♻️ The primary chain’s integrity remains intact, while still allowing for innovation and progress in the ecosystem.
2/3🧵
24 Jul 2023, 15:46
While many other layer 2 blockchains employ things like wrapped #tokens/token bridges - it exposes users to possible security vulnerabilities.
However, Mintlayers atomic swaps offer a safer alternative while still enabling the benefits of a layer 2 sidechain.
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While many other layer 2 blockchains employ things like wrapped #tokens/token bridges - it exposes users to possible security vu
While many other layer 2 blockchains employ things like wrapped #tokens/token bridges - it exposes users to possible security vulnerabilities.
However, Mintlayers atomic swaps offer a safer alternative while still enabling the benefits of a layer 2 sidechain.
3/3🧵