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What are Sidechains in crypto? “Sidechains” is a bit of a less-known term in the crypto / Web3 world. However, they are a very important piece of technology that ensures the smooth flow of traffic on related blockchain networks. So, what are sidechains, exactly? In this video, I will tell you all about it! You will learn how sidechains work, what types of sidechains are there, and how they differ from rollups and Layer-2s. Have you ever used a sidechain in your Web3 journey? If so, which one? Share your experiences in the comment section below! 🚀 Hey, we launched an even EASIER & FUN way to learn crypto! Play, earn & learn real-world skills here: https://www.bitdegree.org Video Time Table: 0:00 Introduction to Sidechains in Crypto 1:23 Understanding Sidechains 3:02 Other Technologies Similar to Sidechains 4:29 Sidechain Project Examples 6:13 Main Benefits of Sidechains 7:02 Security Considerations 8:26 Potential Future Trends in Sidechain Development 9:41 Wrap-up: What are Sidechains? Get Quick Crypto Tips on Twitter - Follow: / crypto_xplained #sidechain #polygon #rootstock