Cardano (ADA) – Side Chains – Native Library React

In today’s video CryptoCurrently will provide a quick update on #Cardano and the #ADA token.

First we take a look at the use of side chains, as #IOHK has released some information surrounding them.

The side chains will allow a “source” blockchain (using a proof of work mechanism) to interact with a “destination” blockchain using a different consensus mechanism.

This will allow for the creation of remote ICOs. exchanging currency between blockchains, and allow for Atomic Swaps to occur between untrusted parties.

Cardanos version of side chains will be more decentralized than other platforms offering similar services.

Lastly we take a look at the release of open source natice library, React.

This will allow third party developers to easily create mobile applications for Android and iOS that connect with the Cardano Blockchain.

LINKS:

https://unhashed.com/cryptocurrency-news/cardano-developer-iohk-reveals-sidechain-technology-blockchain-interoperability/

https://www.investopedia.com/terms/a/atomic-swaps.asp

https://www.crypto-economy.net/en/cardano-ada-opens-its-open-source-native-library-react/

Cardano (ADA) – Side Chains – Native Library React

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