The popular decentralized exchange, Uniswap, is having one of its latest governance proposals stonewalled by the crypto venture capital giant Andreesen Horowitz (a16z). The ongoing proposal vote, which ends on February 10, is currently 38% weighed against the change – almost entirely due to the software investor. So Much for Decentralization The proposal, tabled by 0xPlasma Labs on February 2, would have Uniswap v3 deployed to BNB chain. To enable the deployment, the proposal chose to use Wormhole – an…
Sidechains
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
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