Sidechains bitcoin

sidechains bitcoin

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To facilitate this transfer back from the mainnet to the two-way peg is required.

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Content is available under Creative Commons Attribution 3. Doing so destroys the equivalent amount of cryptocurrency on the sidechain and unlocks the cryptocurrency on the main blockchain. Sidechains CoinDesk. Like the Stacks Bitcoin community, other ecosystems are also ideating on everything from the language for writing smart contracts, to how layers could be used to expand on Bitcoin DeFi and other apps built on Bitcoin.