Layer 2 Blockchain Scaling Solutions – Sidechains

published on Nov 10, 2018 by Crush Crypto Favorite
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A sidechain is a unique blockchain that is attached to a “main-chain” using a two-way peg. Sidechains allow tokens and digital assets from one blockchain to be used in a separate blockchain and then moved back to the original chain if needed.

Video Content:
00:18 What are sidechains?
01:08 Issues with sidechains
01:45 Sidechain visualization
01:51 How do sidechains work?
02:35 Federations
02:59 Plasma overview

Projects working on sidechains
04:27 RSK
04:57 Matic Network
05:10 Loom Network
05:27 Liquid
05:55 OmiseGO
06:13 POA Network

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The information in this video is for educational purposes only and is not investment advice. Please do your own research before making any investment decisions. Cryptocurrency investments are volatile and high risk in nature. Don't invest more than what you can afford to lose. Crush Crypto makes no representations, warranties, or assurances as to the accuracy, currency or completeness of the content contained in this video or any sites linked to or from this video.

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