Mainchain Definition
The Mainchain, also known as the parent blockchain, is the original, primary blockchain network in a system that may involve multiple subsidiary chains. It is responsible for the main operations like the documentation of major transactions, main network updates and maintaining the security of the whole network. The Mainchain holds ultimate control and has the highest level of security in the blockchain eco-system.
Mainchain Key Points
- The Mainchain is the primary blockchain in a multi-chain system.
- It is responsible for recording crucial transactions and executing major network updates.
- The Mainchain is significant in ensuring the overall security of the whole blockchain ecosystem.
- This chain holds the central control and is the lead chain in any sidechain environment.
What is Mainchain?
The Mainchain is the parent blockchain or the leading chain that controls any secondary or subsidiary chains (also known as sidechains or child chains). It contains the original protocol and is responsible for maintaining overall network security and executing any major updates.
Where is Mainchain used?
The Mainchain is used in multiple chain/blockchain environments. These environments often consist of one main chain and various sidechains. For instance, in the Bitcoin network, the Mainchain is the primary Bitcoin blockchain that records all the major transactions. It is also utilized in blockchain platforms that use secondary chains to carry out various functions while the Mainchain ensures the overall network security.
Who uses the Mainchain?
The Mainchain is primarily used and maintained by the core developers of a blockchain network. However, its impact extends to all users of the blockchain platforms, including miners, traders, and investors, as it maintains the overall security and integrity of the blockchain.
When is the Mainchain needed?
The Mainchain is needed when a blockchain network grows large and complex, and it becomes necessary to delegate some tasks to sidechains, without compromising the network’s security and integrity. The Mainchain continues to run the major operations while the sidechains are tasked with specific functions.
Why is the Mainchain important?
The Mainchain is vital because it ensures the overall security and management of the entire blockchain network. It functions as the supervising authority that validates and documents major transactions, and is the backbone of any blockchain ecosystem.
How does the Mainchain work?
The Mainchain operates by documenting all the primary transactions and maintaining network updates itself, while smaller chains (side chains) are tasked with executing other functions. Thanks to this division of tasks, the Mainchain can seamlessly maintain a secure and functioning blockchain network.