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…