![]() After the waiting period, the equivalent number of coins is released on the sidechain, allowing the user to access and spend them there. Once the transaction has been completed, a confirmation is communicated across the chains followed by a waiting period for extra security. The blockchain platform Ardor refers to its sidechains as ‘childchains’.Ī user on the parent chain first has to send their coins to an output address, where the coins become locked so the user is unable to spend them elsewhere. The original blockchain is usually referred to as the ‘main chain’ and all additional blockchains are referred to as ‘sidechains’. The two-way peg enables interchangeability of assets at a predetermined rate between the parent blockchain and the sidechain. How do Sidechains work?Ī sidechain is a separate blockchain that is attached to its parent blockchain using a two-way peg. Sidechain functionality holds tremendous potential to enhance the capabilities of existing blockchains. ![]() Sidechains are emerging mechanisms that allow tokens and other digital assets from one blockchain to be securely used in a separate blockchain and then be moved back to the original blockchain if needed. ![]()
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