A sidechained — the expected improvement of the decentralized network of bitcoin, which will be available in a few months and expand its functionality. For the first time on this concept was announced in 2014. If successful, the innovation will significantly affect the rate of bitcoin.

What is the sidechained?

A sidechained is an effective way of transferring digital currency in other blackany. The idea is that these new blackany will allow bitminer to work with new features without changing the bitcoin network and creation of new cryptocurrencies.

There are several types of sidechained developed in recent years, and each one has its own security system. It is believed that saidonly not have the same degree of security as the main bitcoin network, however, the economist Bloq and Creator of drivein Floor. I do not agree with this assessment.

What characteristics will have bitcoin because of the sidechained?

first of all, some will decrease level of security, but will increase throughput which will allow partly to settle disputes about what is bitcoin: digital gold or global payment system.

Second, these Gender Storz is working on Bitcoin Hivemind is a decentralized market forecasts. If you run such a sidechained bitminer will be able to keep the value of any asset as it is now allows bitcoin, that is with 100% resistance to censorship.

The other two sidechained worth mentioning is MimbleWimble, which is more private and scalable alternative to the current version of the bitcoin blockchain, and RSK, which intends to add superior bitcoin smart contracts for the Ethereum example.

As saidchina will affect the price of bitcoin?

One of the main goals described in the white paper of Saidjanov, is to eliminate the need to create an alternative token for new types of blockchain. In other words, one of the additional effects of Saidjanov is that needs to fall away the need for altonah.

Now speculators operate more than 1000 altcoins. However saidonly able to return the entire cost of these altcoins back into the bitcoin network.

Moreover, saidonly able to increase the number of users of the bitcoin network, increasing confidence in its prospects in the absence of unnecessary competition. This obviously will affect the price upwards.

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