Cross-Sidechain Layer Sharding is a scalability technique used in blockchain systems. It aims to enhance transaction speed and efficiency by distributing the workload across multiple chains.In this approach, different sidechains operate simultaneously alongside a main chain. Each sidechain can process its transactions and smart contracts independently. This means the main chain is less burdened by high transaction volumes, leading to improved performance.Sharding further divides data into smaller segments called “shards.” By combining sidechains with sharding, the system can handle many transactions in parallel. Each shard can manage a subset of users or operations, allowing for increased throughput and faster confirmation times.Moreover, cross-sidechain communication enables different sidechains to interact. This flexibility allows users to transfer assets and data across chains seamlessly, enhancing the overall ecosystem’s functionality.Overall, Cross-Sidechain Layer Sharding offers a way to achieve greater scalability while maintaining security and decentralization, making it an important innovation for the future of blockchain technology.

UK’s FCA to Allow Retail Investors Limited Access to Crypto ETNs
The UK’s Financial Conduct Authority (FCA) will permit retail investors to access certain crypto asset-backed exchange-traded notes (cETNs) for the