Wybo Wiersma – a 40-year-old Oxford University graduate – has been sentenced to four and a half years in prison after scamming over $2 million in crypto from unsuspecting victims. Following his arrest in 2019, the Dutchman was extradited from the Netherlands back to the United Kingdom (UK) in 2021. Following a five-year investigation by the South East Regional Organised Crime Unit (SEROCU), he pled guilty on January 26 to the Oxford Crown Court. A Five-Year Investigation As reported by…
Parachains
Sidechains vs. Parachains vs. Syncchains
Sidechains, Parachains, and Syncchains are different types of blockchain scaling solutions. A sidechain is a separate blockchain connected to a main blockchain (often referred to as the "parent" chain) through a two-way peg. This allows assets to be transferred between the two chains, effectively allowing the sidechain to scale the main chain by handling some of its transactions. A Parachain is a type of parallel blockchain that can communicate with other Parachains and the main blockchain through a central hub…
Block Education 
@BlockEducation
@BlockEducation
2 weeks ago 
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What Are Parachains and How Do They Work?
Parachains are a concept in blockchain technology that refers to multiple parallel chains attached to a central hub chain, known as the Relay Chain. These parallel chains, or "parachains," are designed to handle specific types of transactions and can operate independently of one another while still being able to communicate and share data with the Relay Chain. Parachains can also be used to scale the overall capacity of a blockchain network, as each chain can process transactions in parallel. This…
Block Education
@BlockEducation
@BlockEducation
2 weeks ago 62 views