Introduction to Side Protocol
Side Protocol is the first fully Bitcoin-compatible delegated Proof of Stake (dPoS) Layer 1 blockchain, designed as an extension layer of Bitcoin to shape the future of Bitcoin finance. It enables developers to create secure, high-performance decentralized applications within the Bitcoin-centric internet, aiming to onboard billions of users globally and establish BTC as the definitive global currency.
Key Features
- Bitcoin Compatibility: Fully compatible with Bitcoin's ecosystem and infrastructure
- dPoS Consensus: Delegated Proof of Stake for efficient and secure consensus
- High Performance: Optimized for fast transaction processing and scalability
- Developer Friendly: Comprehensive tooling and SDK for dApp development
- Bitcoin-Centric: Designed to enhance Bitcoin's utility and adoption
Architecture Overview
Side Protocol operates as a sidechain to Bitcoin, providing:
- Cross-Chain Interoperability: Seamless integration with Bitcoin network
- Smart Contract Platform: Support for complex decentralized applications
- Scalable Infrastructure: High throughput for mass adoption
- Security: Inherits Bitcoin's security model with additional dPoS mechanisms
Network Information
| Component | Version | Network |
|---|---|---|
| Chain ID | sidechain-testnet-6 | Testnet |
| Latest Version | v2.0.0-rc.7 | Testnet |
Use Cases
- DeFi Applications: Decentralized finance protocols on Bitcoin
- NFT Marketplaces: Digital asset trading and ownership
- Cross-Chain Bridges: Bitcoin to other blockchain networks
- Gaming Platforms: Blockchain-based gaming applications
- Enterprise Solutions: Business applications leveraging Bitcoin's security
Learn More
For more details, visit the official Side Protocol documentation.