Side Chain
A side chain is a separate blockchain that works alongside the main blockchain, allowing for different features or transactions without affecting the main network.
More terms under S
- ShitcoinA shitcoin is a cryptocurrency that has little to no value or purpose.
- ShortA short is a trading strategy where a trader borrows an asset to sell it, hoping the price will drop. If the price falls, the trader buys the asset back at the…
- Short SqueezeA short squeeze happens when the price of a cryptocurrency suddenly goes up, forcing traders who bet against it to buy the coin to limit their losses.
- Side Channel AttackA side channel attack is a way of hacking that takes advantage of unintentional clues from a computer, which can reveal sensitive information.
- SidechainA sidechain is a separate blockchain that connects to a main blockchain, allowing assets to move between them securely.
- SignalSignals are recommendations to buy or sell a cryptocurrency based on market analysis.
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.