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)…
SyncChains
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
3 weeks ago 
53 views
