{"id":45873,"date":"2026-09-24T23:55:54","date_gmt":"2026-09-25T04:55:54","guid":{"rendered":"https:\/\/huewhite.com\/umb\/?p=45873"},"modified":"2026-09-24T23:55:54","modified_gmt":"2026-09-25T04:55:54","slug":"word-of-the-day-1147","status":"publish","type":"post","link":"https:\/\/huewhite.com\/umb\/2026\/09\/24\/word-of-the-day-1147\/","title":{"rendered":"Word Of The Day"},"content":{"rendered":"<p><em>Sidechain<\/em>:<\/p>\n<blockquote><p>A sidechain is a designation for a blockchain ledger that runs in parallel to a primary blockchain.\u00a0Entries from the primary blockchain (where said entries typically represent\u00a0<a id=\"mwAqQ\" title=\"Digital asset\" href=\"https:\/\/en.wikipedia.org\/wiki\/Digital_asset\" rel=\"mw:WikiLink\">digital assets<\/a>) can be linked to and from the sidechain; this allows the sidechain to otherwise operate independently of the primary blockchain (e.g., by using an alternate means of record keeping, alternate\u00a0<a id=\"mwAqU\" title=\"Consensus (computer science)\" href=\"https:\/\/en.wikipedia.org\/wiki\/Consensus_(computer_science)\" rel=\"mw:WikiLink\">consensus algorithm<\/a>, etc.).<em> [<a href=\"https:\/\/en.wikipedia.org\/wiki\/Blockchain#Sidechains\" target=\"_blank\" rel=\"noopener\"><strong>Wikipedia<\/strong><\/a>]<\/em><\/p><\/blockquote>\n<p>Noted in &#8220;<a href=\"https:\/\/www.web3isgoinggreat.com\/?id=liquid-network-exploit\" target=\"_blank\" rel=\"noopener\"><em>4,000 BTC (~$320 million) stolen from Liquid Network by claimed whitehats, 90% returned<\/em><\/a>,&#8221; Molly White (no relation), <em><strong>Web3 is Going Just Great<\/strong><\/em>:<\/p>\n<blockquote><p>An unauthorized withdrawal of 3,998.5\u00a0BTC (~$320\u00a0million) from the Liquid Network, a bitcoin\u00a0<span class=\"no-break\"><button id=\"sidechain\" class=\"define-target\" aria-haspopup=\"dialog\" aria-expanded=\"false\">sidechain<\/button>,<\/span>\u00a0prompted a network halt. By disabling nodes that\u00a0<button id=\"bridge\" class=\"define-target\" aria-haspopup=\"dialog\" aria-expanded=\"false\">bridge<\/button>\u00a0between Liquid and the bitcoin mainchain, attackers are limited in their ability to cash out via bridge. Blockstream, the developers of Liquid Network, also said they had contacted exchanges to ask them to pause LBTC deposits and withdrawals, cutting off another avenue.<\/p><\/blockquote>\n<p>Funny, I haven&#8217;t see the term <em>Web3<\/em> anywhere in years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sidechain: A sidechain is a designation for a blockchain ledger that runs in parallel to a primary blockchain.\u00a0Entries from the primary blockchain (where said entries typically represent\u00a0digital assets) can be linked to and from the sidechain; this allows the sidechain to otherwise operate independently of the primary blockchain (e.g., by \u2026 <a class=\"continue-reading-link\" href=\"https:\/\/huewhite.com\/umb\/2026\/09\/24\/word-of-the-day-1147\/\"> Continue reading <span class=\"meta-nav\">&rarr; <\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-45873","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/45873","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/comments?post=45873"}],"version-history":[{"count":1,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/45873\/revisions"}],"predecessor-version":[{"id":45874,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/45873\/revisions\/45874"}],"wp:attachment":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/media?parent=45873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/categories?post=45873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/tags?post=45873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}