Question asked on blockchain 2 months ago
What are the distinctive advantages of side chains?
Answer written 2 months ago
With a side chain, the burden on the main chain is reduced as it does not consume the computation power of main chain and it consumes the computation power of its own side chain only.
Side chain can act as an independent blockchain.
If the side-chain's security if compromised, it is not going to affect the security of main-chain.
A side-chain can be inter-operable with the main-chain and other side-chains.
A side-chain can be designed to have its own token, own consensus protocol, own wallet etc.
With side-chain concept scalability is significantly improved. Some of the blockchain with the provision of side-chains can scale up to millions of transactions per second.
A side-chain can be able to interact with different cryptocurrencies.
Developers can go for beta testing of software upgrades in side-chain before implementing the same for main-chain.
Why It is better to tell a truth ?
How social media help in steemit blockchain?
Doo you create something for steemit in social media ?
What are the characteristics of a true leader?
What is the meaning of "Reputation" on Steem? What can I used it for??
How has technology changed our lives?
How & Where can I buy cryptocurrencies by using SBD/Steem from my Steemit wallet?
What is a dapp you think steem needs that hasn't been developed yet?
Is thinking of other women cheating?
What was your most memorable moment on Steemit?