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sidechains
In the last week, there have been significant advancements and updates surrounding SONs and Peerlink. These updates are indicative of our ongoing commitment to enhancing existing products and introducing new approaches for supporting the crypto community. These are the latest blockchain happenings. SONs Update We’ve been rigorously preparing for a major mainnet release. This upcoming...
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A Sidechain is a decentralized way to integrate with other blockchains. Why is it relevant? The decentralized nature of Bitcoin means that every transaction must be verified by all nodes in the network, making it difficult to scale. Transactions take a long time to process and the network can only handle a certain number of...
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Sidechain Operating Nodes can help Bitcoin and Ethereum overcome their challenges of being slow and expensive to use. Currently, Bitcoin can only process 4.6 transactions per second. And the average confirmation time for a BTC payment is about 10 minutes. For context, Visa does around 1,700 transactions per second on average. On the other hand,...
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