Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $1,070 trillion. Bitcoin is down by nearly 2% after intense seesawing this week. Ethereum increased by almost 2% over the past seven days. XRP lost more than 1% in value this week. Almost all altcoins are trading in the red, with a few exceptions. The DeFi sector decreased the total value of protocols (TVL)…
Sidechain
What Are Sidechains and How Do They Work?
A sidechain is a separate blockchain attached to a main blockchain (often referred to as the "parent" chain) via a two-way peg. The two-way peg enables assets to be transferred from the parent blockchain to the sidechain and back. In addition, sidechains allow for the creation of new features and capabilities that may not be supported on the parent chain, such as smart contracts or different consensus mechanisms. Sidechain Benefits There are several potential benefits of using sidechains, including: Scalability:…
Block Education 
@BlockEducation
@BlockEducation
3 weeks ago 
94 views
