Input Output Global deploy sidechain toolkit to improve the efficiency of the blockchain

Jan 15, 2023
According to the developers, the sidechain will increase the scalability of the main Cardano network without compromising the stability or security of the main blockchain.
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The Cardano developer company stated that it has deployed a toolkit for launching custom sidechains, allowing developers to launch the blockchain at their discretion for use in the system.

According to representatives of IOG, a set of tools available in the test environment will allow sidechains to get all the features of Cardano, including support for a large community. The new set of tools gives the right to launch a sidechain with its own consensus algorithm, regardless of the rules of operation of the main Cardano network.

Thus, Cardano joins Polkadot, offering programmers a platform with the ability to experiment with industry applications in a real environment without compromising the main network. Sidechain can increase the speed of transactions on the network by processing more data without increasing the risk of network downtime.

Recall that a sidechain is a separate blockchain built on a native network and operating independently of it. The sidechain connects to the main blockchain through a bridge that allows assets to be transferred between networks.

Over the past week, the ADA token has shown an increase of more than 25% at a price of $0.3479 at the time of publication of this article.