Shift: Fully Stable Sidechain
The Phantom dApp runs on its own sidechain, which operates in synchronization (i.e., with the same block time of 27 seconds) with the main chain. The stability of this chain will be thoroughly tested before we enable atomic swapping with the main chain. This way the usage of the storage layer controlled by blockchain technology will have no negative effect on the main chain’s stability.
A sidechain is a separate blockchain that is attached to it's parent blockchain using a two-way peg and allows allow tokens and other digital assets from one blockchain to be securely used in a separate blockchain and then be moved back to the original blockchain if needed.
7 brand events
2 exchange events
2 general events
1 hard fork
1 event related to testing of new functions