"Sidechains are comparable to side lanes on a highway, alleviating congestion on the main Bitcoin chain by handling transactions separately and merging back securely."
"Adam Back proposed the concept of sidechains in 2014, enabling faster, cheaper transactions while maintaining the security and integrity of the blockchain."
"Bitcoin sidechains allow high-volume transactions for applications and transfer cryptocurrencies back to the main blockchain, improving overall performance and flexibility."
"The two-way peg system facilitates asset movement between chains using a lock-and-mint mechanism to maintain security during transactions."
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