Bitcoin Sidechain Technology: Enhancing Bitcoin’s Capabilities

Axiom operates on a sidechain—an independent blockchain connected to Bitcoin’s mainnet through a two-way peg. This sidechain is capable of running smart contracts and decentralized applications (DApps) without altering or affecting the Bitcoin mainnet. By utilizing the sidechain, Axiom enables decentralized lending, borrowing, liquidity mining, and asset management, while Bitcoin remains the secure and decentralized settlement layer.

The sidechain’s role:

The sidechain handles complex DeFi functions, allowing for faster execution and the ability to scale decentralized applications, without compromising Bitcoin’s security.