Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Syncchains vs Sidechains
Syncchains vs. Sidechains: What is the Difference?
Sidechains have been around since 2014. They are branches of the leading blockchains and aim to strengthen the networks' effectiveness and features. Despite this, sidechains have a couple of shortcomings that make the system far from perfect. Developers in the crypto space proposed the introduction of syncchains as a mitigation solution. However, the two seem to be quite confusing, and not many can tell them apart. Therefore, this article will shed more light on both networks for a better know-how. …
5 years ago