Layer2 and Sidechains

The current IBTC team is actively introducing Layer2 and sidechains to enhance the scalability, decentralization, and security aspects of blockchain, addressing the blockchain trilemma for effective blockchain operation.

1. Connecting Ethereum and MAS through Sidechains: IBTC utilizes sidechains to connect Ethereum and the MASnet. Sidechains are independent blockchains that facilitate interaction between Ethereum and MAS.

2. Bridge Contract Development: Bridge contracts are used to move and interact with assets between Ethereum and MASnet, ensuring secure asset transfers.

   Enhancing Deposit Security: By developing security measures for deposits, IBTC safeguards user assets, allowing users to securely move assets to sidechains.

   Mainnet and Private Mainnet Integration: To integrate Ethereum (Mainnet) and MASnet (Private Mainnet), concepts of smart contracts and guarantees are introduced for safer interaction between the two blockchains.

3. Interoperability Through Sidechains: Interoperability through sidechains is considered one of the most efficient ways to handle interactions between Ethereum and MAS, enabling smooth data and asset transfers.

4. Introduction of Concepts like Rollups: Introducing concepts like rollups can optimize and stabilize the integration process. Rollups are a technology that enhances scaling and security, aiding efficient data processing between connected blockchains.

   IBTC is developing a network for secure and efficient integration between Ethereum and MAS, utilizing various sidechain-related technologies and concepts for this purpose.