Today’s featured project is Elastos $ELA. Last week, we understood how the bitcoin blockchain connects to and is merged mined with the Elastos mainchain. Today we are going to move one level up and understand the concept of sidechains and how they will allow Elastos and the dapps to function fluidly with nearly unlimited scalability. 1. Transfers from the mainchain to sidechains These transfers are implemented based on the Simplified Payment verification. The SPV module of the main chains is integrated on the sidechain, and is used to synchronize the mainchainn block while also facilitating transfers from the mainchain to the side chain at anytime. 2. Transfers from the sidechains to the mainchain With Elastos, transfers from the side chain to the main chain are guaranteed by the mainchain's arbitrator mechanism. The arbitrator must not only generate and transfer the transaction, but also sign the transaction. This allows the withdrawal transaction on the main chain, thus transferring from the sidechain account to the mainchain account, to be verified by the main chain nodes. Different Types of Sidechains 1. Proof of Work 2. Delegated Proof of Stake dPOS 3. Friendchains Check Out My Website https://chicocrypto.com/ Follow Me On Twitter https://twitter.com/ChicoCrypto Join The Chat On Telegram https://t.me/chicocrypto Beer Money Donations BTC-1MRZnYYpMwrmhG6oEd9HYbSzJoVSvPdih9 ETH-0x6b0e08fac3c9d71f44fc0bb8e3ec31ddc2dc04cf Won't Take Your NEO or NEOGas HODL Those Puppies DISCLAIMER: I am not a financial adviser. I am just a dude who knows crypto like the back of his hand. Be responsible for your own trades! ... https://www.youtube.com/watch?v=9lVii70HQcM

The two largest stablecoins ($USDC & $USDT) colluded together to share US Treasury Bills so Tether could be “fully” backed!? There is data out there that points to this being the case!! Back in 2021 USDC parent company Circle had major issues with their audits including falsely reporting assets. Was this when t-bills were shared with Tether? If true this would be the SCANDAL of the century!! ?Subscribe to The Chico Channel--https://www.youtube.com/channel/UCHop-jpf-huVT1IYw79ymPw?sub_confirmation=1 Chico Crypto Twitter Is BACK? https://twitter.com/ChicoCrypto NFT to Access Alpha Chico Videos Early? https://app.publicpressure.io/nft/0xf4108bf264a72db347e63c25444d017bca52628e My Favorite DEX is Here? https://gmx.io/#/?ref=ChicoCrypto42069 ⏰ Time Stamps ⏰ 00:00 Intro: USDC in bed with USDT? 01:17 Digging into the Tether’s Treasury Bill exposure 02:20 Circle’s treasury holdings align with Tether’s 05:34 Digging into Circle’s Treasury Bill exposure 08:09 Circle suspiciously hiding Treasury Bill activity 09:53 Digital Currency Group shady activity behind the scenes ?Watch These Videos Again? Why Are the Rich Buying Nuclear Bunkers & Bitcoin!? https://www.youtube.com/watch?v=OPimBtJ7TDw&t=1s Binance is the Next FTX!!! https://www.youtube.com/watch?v=YK1om4hBSes My Top 2023 Bull Run Crypto Picks!! https://www.youtube.com/watch?v=eRnPYELAfzE&t=14s ?►► ► Chico Crypto Exclusive Links ◄◄◄? ?Follow Blockchain Leaks on Twitter: https://twitter.com/LeaksBlockchain ?BCLeaks on Instagram Here: https://www.instagram.com/leaksblockchain/ ?Follow Me on Facebook: https://www.facebook.com/chicocrypto ?Join The Chat On Telegram: https://t.me/joinchat/STCJCh3YUw6klaTO ?Follow Me On Instagram: https://www.instagram.com/chicocrypto/?hl=en ?Also Streaming on Theta https://www.theta.tv/chicocrypto ?Business Inquiries? thechicocrypto@gmail.com WARNING: THERE ARE MANY IMPERSONATORS OF CHICO CRYPTO. I WILL NEVER CONTACT YOU OR PROJECTS THROUGH, YOUTUBE, TELEGRAM OR OTHER SOCIAL MEDIA OUTLETS. CONTACT MY EMAIL LISTED ABOVE FIRST AND THEN VERIFY MY IDENTITY BEFORE MOVING FORWARD. THERE ARE MANY SCAMMERS IN CRYPTO. EMAIL SPOOFING IS RAMPANT, SO VERIFY MY IDENTITY THROUGH VIDEO or OTHER MEANS! ?Avado Blockchain Computer https://ava.do/shop/cc ?Buy A Ledger & Keep Your Crypto Safe? https://www.ledger.com/products/ledger-nano-s?r=c56a&tracker=MY_TRACKER ?Buy A Trezor & Keep Your Crypto Safer? https://shop.trezor.io/product/trezor-model-t?offer_id=15&aff_id=3683 ?Download The Brave Browser $BAT & Support Crypto! https://brave.com/chi034 ? ?Educational links and crypto resources for starting in cryptocurrency Check the prices and stats of the most popular cryptocurrencies with Coingecko https://www.coingecko.com/en What is Bitcoin, altcoins, Ethereum and other cryptocurrencies https://www.coindesk.com/information/what-is-bitcoin ?Cryptocurrency Donations Support The Channel!!? BTC: 3ArFPC5ik9tBy8ART6R2X59qiNXatw5EAG ETH: 0xF1d402C0175a9fa80dD770e82fa0BD50FDab0EbD KSM: EFqJcCFQ3zjqz79q2uCd1cAXfJtpcsLyBfUxRt3VXXaCC1w #Stablecoin #Scandal #Tether #USDC #bitcoin #btc #crypto #cryptocurrency #ethereum #eth #altcoin #altcoins #invest #investing #wealth *Disclaimer* The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results. This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. ... https://www.youtube.com/watch?v=rXUW6Byn8Ss

BREAKING NEWS! Bitcoin is going to do the unexpected in just 2 days!! Everyone is getting bearish as world conflict starts to peak..but by Saturday this will all blow over. Even the top BTC analysts are putting out bearish content. When the herd all goes one way…usually the crypto markets go the other!! Don’t be caught up with the bears as there will be a major short squeeze in just 2 days!! Tune in to find out why.. ?Subscribe to The Chico Channel--https://www.youtube.com/channel/UCHop-jpf-huVT1IYw79ymPw?sub_confirmation=1 My Favorite DEX is Here? https://app.mistx.io/#/exchange ?Watch These Videos Again? Crypto or Cash!? What Will Non-Crypto Users Take!? https://www.youtube.com/watch?v=-B72zT4kYEs Major Crypto Airdrops Are Coming in 2022!! https://www.youtube.com/watch?v=cyOl8XcSdBM Physical Art of the Digital Version? What Will the Public Choose?? https://www.youtube.com/watch?v=_CIF1RR0dwY ?►► ► Chico Crypto Exclusive Links ◄◄◄? ?Follow Blockchain Leaks on Twitter: https://twitter.com/LeaksBlockchain ?BCLeaks on Instagram Here: https://www.instagram.com/leaksblockchain/ ?Follow Me on Facebook: https://www.facebook.com/chicocrypto ?Join The Chat On Telegram: https://t.me/joinchat/STCJCh3YUw6klaTO ?Follow Me On Instagram: https://www.instagram.com/chicocrypto/?hl=en ?Also Streaming on Theta https://www.theta.tv/chicocrypto ?Business Inquiries? thechicocrypto@gmail.com WARNING: THERE ARE MANY IMPERSONATORS OF CHICO CRYPTO. I WILL NEVER CONTACT YOU OR PROJECTS THROUGH, YOUTUBE, TELEGRAM OR OTHER SOCIAL MEDIA OUTLETS. CONTACT MY EMAIL LISTED ABOVE FIRST AND THEN VERIFY MY IDENTITY BEFORE MOVING FORWARD. THERE ARE MANY SCAMMERS IN CRYPTO. EMAIL SPOOFING IS RAMPANT, SO VERIFY MY IDENTITY THROUGH VIDEO or OTHER MEANS! ?Avado Blockchain Computer https://ava.do/shop/cc ?Buy A Ledger & Keep Your Crypto Safe? https://www.ledger.com/products/ledger-nano-s?r=c56a&tracker=MY_TRACKER ?Buy A Trezor & Keep Your Crypto Safer? https://shop.trezor.io/product/trezor-model-t?offer_id=15&aff_id=3683 ?Download The Brave Browser $BAT & Support Crypto! https://brave.com/chi034 ? ?Want to buy your first crypto or Bitcoins? Sign up for Coinbase and get $10 in free Bitcoin https://www.coinbase.com/join/5270447e2c6ce91e1c000170 ? ?Educational links and crypto resources for starting in cryptocurrency Check the prices and stats of the most popular cryptocurrencies with Coingecko https://www.coingecko.com/en What is Bitcoin, altcoins, Ethereum and other cryptocurrencies https://www.coindesk.com/information/what-is-bitcoin ?Cryptocurrency Donations Support The Channel!!? BTC: 3ArFPC5ik9tBy8ART6R2X59qiNXatw5EAG ETH: 0xF1d402C0175a9fa80dD770e82fa0BD50FDab0EbD KSM: EFqJcCFQ3 ... https://www.youtube.com/watch?v=DHnkULw6dhI

This could be the only altcoin you need for this bull market because it's going to bridge the world of web2 and web3 bringing social media influencers like Mr. Beast to crypto!! SocialFi is the next BIG trend in cryptocurrency & this altcoin is creating the platform that will dominate this sector of crypto. How would you like to have direct access to your favorite social media influencers!? Well with this altcoins platform…you can!! ?Subscribe to The Chico Channel--https://www.youtube.com/channel/UCHop-jpf-huVT1IYw79ymPw?sub_confirmation=1 XCAD Social Platform? - https://www.xcad.social/login ChicoCrypto Referral Code: BCRAA5 XCAD Network Website? https://xcadnetwork.com/ XCAD Social Media? - https://twitter.com/XcademyOfficial -https://t.me/xcademy ?►► ► Chico Crypto Exclusive Links ◄◄◄? ?Join The Chat On Telegram: t.me/RealChicoCrypto ?Follow Chico Crypto on Twitter: https://twitter.com/ChicoCrypto ?Follow Blockchain Leaks on Twitter: https://twitter.com/LeaksBlockchain ?Chico Crypto on Instagram Here: https://www.instagram.com/chicocrypto/ ?Follow Me on Facebook: https://www.facebook.com/chicocrypto ?Watch These Videos Again? Bitcoin to $500k is Totally Wrong! Here is Our Prediction https://www.youtube.com/watch?v=8D6uK0OswF8&t=1s My Top (2) Gaming Coins for This Crypto Cycle!? https://www.youtube.com/watch?v=gpzAxdr4_MA Bitcoin Layer 2’s Will Be the Next BIG THING!! https://www.youtube.com/watch?v=v1JQuDsc1Do Chico Crypto is compensated by XCAD for publicizing their products. Payment is made 100% in USDC and XCAD and was billed. The company has paid $20500 in the above value percentages, on this day to Chico Crypto for its services, which commenced today. Additionaly Chico Crypto was paid $70,000 in XCAD tokens to allow Chico Crypto to have a position in the asset. This is paid out on a vesting schedule over 1 year. Additional fees may have accrued since then. ?Business Inquiries? thechicocrypto@gmail.com WARNING: THERE ARE MANY IMPERSONATORS OF CHICO CRYPTO. I WILL NEVER CONTACT YOU OR PROJECTS THROUGH, YOUTUBE, TELEGRAM OR OTHER SOCIAL MEDIA OUTLETS. CONTACT MY EMAIL LISTED ABOVE FIRST AND THEN VERIFY MY IDENTITY BEFORE MOVING FORWARD. THERE ARE MANY SCAMMERS IN CRYPTO. EMAIL SPOOFING IS RAMPANT, SO VERIFY MY IDENTITY THROUGH VIDEO or OTHER MEANS! ?Avado Blockchain Computer https://ava.do/shop/cc ?Buy A Ledger & Keep Your Crypto Safe? https://www.ledger.com/products/ledger-nano-s?r=c56a&tracker=MY_TRACKER ?Buy A Trezor & Keep Your Crypto Safer? https://shop.trezor.io/product/trezor-model-t?offer_id=15&aff_id=3683 ?Download The Brave Browser $BAT & Support Crypto! https://brave.com/chi034 ? ?Educational links and crypto resources for starting in cryptocurrency Check the prices and stats of the most popular cryptocurrencies with Coingecko https://www.coingecko.com/en What is Bitcoin, altcoins, Ethereum and other cryptocurrencies https://www.coindesk.com/information/what-is-bitcoin ?Cryptocurrency Donations Support The Channel!!? BTC: 3ArFPC5ik9tBy8ART6R2X59qiNXatw5EAG ETH: 0xF1d402C0175a9fa80dD770e82fa0BD50FDab0EbD KSM: EFqJcCFQ3zjqz79q2uCd1cAXfJtpcsLyBfUxRt3VXXaCC1w #SocialFi #Altcoin #Crypto #bitcoin #btc #altcoins #cryptocurrency #ethereum #eth #invest #investing #DeFi #wealth #bullish #xcad *Disclaimer* The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results. This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. ... https://www.youtube.com/watch?v=NoeUmAHm-JA