Bryan
Bryan

Federated Sidechains

Definition of federated sidechains

Parallel ledgers on the XRPL that support developers’ experimentation and specialized interests, for any use case they envision.

More information about Federated Sidechains

A sidechain acts as its own blockchain, it is an independent ledger, next to the XRPL, with its own consensus algorithm and transaction rules. Using a federated sidechain enables developers to use the foundation of XRPL technology to launch new features and applications in what is essentially a developer sandbox. While it is possible to transfer assets back and forth between the sidechain and mainnet of the XRPL, the sidechain essentially runs as its own blockchain.

Bryan
Bryan

Bryan indulges in every bit of crypto-related news and material he can lay his hands on. As such, he often shares his views and advice through the onXRP content platform. He is a firm believer in crypto’s potential in the financial and economic world. With 5 years of experience in investing and trading Bryan brings excellent insights to the table. He is excited to bring much of this knowledge and many of his skills to the onXRP platform.