Stratis Sidechains allow companies and individuals to create bespoke, personalized blockchains. This includes the sidechain’s unique currency, which can be used to provide gas for smart contracts. STRAX can be exchanged for the sidechain currency using a deposit-withdrawal system.
The Stratis Academy offers a detailed explanation of what a sidechain is and uses our reference sidechain, which is a federated sidechain solution, as an example.
Sidechain tokens are pegged to the STRAX and cross-chain transactions are easy and secure.
Stratis Sidechains allow for innovation without fragmenting the codebase.
Stratis Sidechains allow you to modify key characteristics of the blockchain such as the block interval.
Firstly, Stratis Sidechains prevent any “smart contract bloat” of the main Stratis blockchain, and secondly, they quarantine any adverse effects that occur when smart contracts are running. In addition, a sidechain’s parameters can be tuned to optimize performance for the kinds of transactions which are going to run on it.
Anyone can launch a Stratis Sidechain in a genuinely trustless manner. The power of a Sidechain is delivered through its security, gained from a globally distributed dynamic block production. The Cirrus Sidechain currently offers over 200 globally dispersed block producers, offering high levels of decentralization. Assurance is gained from Stratis’ unique incentivization protocol, ensuring that the block producer number grows to provide unrivalled levels of decentralized smart contract execution.
Dont be shy, Just tell us about yourself and we’ll figure out the best option for you and your project.
