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NFT Term

Sidechains

Definition of Sidechains from the NFTguild.com glossary.

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On the Ethereum network, a sidechain refers to a separate and independent blockchain running in parallel to Ethereum Mainnet. Sidechains run their consensus algorithm and connect to Ethereum Mainnet via a two-way bridge. Ethereum sidechains are based on the Ethereum Virtual Machine (EVM), and the sidechain smart contracts run Solidity.