This is an extension to my previous article series discussing the different sidechain proposals that exist. Those articles can be found here: Spacechains, Spacechain Use Cases, Softchains, Drivechains, Federated Chains, and Trade Offs Of Sidechains.
Botanix Labs has proposed a completely new sidechain design recently, called spiderchains, for the purposes of porting the Ethereum Virtual Machine to a platform anchored to the Bitcoin network. The architecture is a pretty large deviation from most prior proposals for concrete designs. Firstly, it does not involve miners directly in consensus or use merge-mining in any of its variant forms. Secondly, it uses multisig and escrow bonds to create a second layer proof-of-stake system on top of Bitcoin. Third, it does not require any changes to Bitcoin in order to deploy.
The first thing to clarify is that, technically speaking, the spiderchain isn’t really the sidechain. Any sidechain deployed utilizing spiderchains would sit „above” the s
We współpracy z: https://bitcoinmagazine.com/technical/spiderchains-a-proof-of-stake-second-layer
