Tag: two-way peg

Sidechains Explained: How Independent Blockchains Boost Mainnet Scalability
Sidechains Explained: How Independent Blockchains Boost Mainnet Scalability

Sidechains are independent blockchains that run parallel to mainnets like Bitcoin and Ethereum, offloading transactions to boost speed and reduce fees. They use a two-way peg to securely move assets and enable innovation without compromising the main chain.