sidechain [English]

Syndetic Relationships

InterPARES Definition

No definition in earlier IP projects. ITrust definition not yet developed.

Other Definitions

  • Back et al. 2010 (†832 s.v. "3.1 Definitions" ): A sidechain is a blockchain that validates data from other blockchains.
  • BlockchainHub Glossary (†807 s.v. "Sidechains"): are blockchains that are interoperable with each other and with Bitcoin, avoiding liquidity shortages, market fluctuations, fragmentation, security breaches and outright fraud associated with alternative crypto-currencies.
  • Coleman 2016. (†810 ): Put simply, sidechaining is any mechanism that allows tokens from one blockchain to be securely used within a completely separate blockchain but still moved back to the original chain if necessary. By convention the original chain is normally referred to as the "main chain", while any additional blockchains which allow users to transact within them in the tokens of the main chain are referred to as "sidechains". For example, a private Ethereum-based network that had a linkage allowing ether to be securely moved from the public Ethereum main chain onto it and back would be considered to be a sidechain of the public network.
  • Scaling Bitcoin [2017] (†845 s.v. "Sidechain"): The selfish miner then continues to mine the next block and so on maintaining its lead. When the rest of the network is about to catch up with the selfish miner, he, or they, then release here portion of solved blocks into the network.
  • Seibold et al. 2016 (†821 p.19): The transfer of assets from one mechanism to a separate "pegged" mechanism; special-purpose ledger.