Side chains top five siblings in the eos family

Copyright © Blockchain Council www.blockchain-council.org
SideChain :Top Five Sibling In The EOS Family
EOS is a decentralized platform which is designed to support decentralized
applications (DApps) similar to the Ethereum blockchain. Though EOS’s model
has been successful, there are certain parts of the EOS community that have their
idea of how the platform should work. These projects are commonly referred to as
sidechains or sisterchains. Each of these sidechains runs a modified version of
Block.one’s EOSIO software.
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EOS Sidechains
Let us now list down some of the most prominent EOS sidechains.
1. Telos: for app developers
Telos makes life easier for app developers. The Telos solution was introduced in
response to the RAM market of EOS, that makes participation in the network
prohibitively expensive.
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One of its main goals is to eliminate account creation costs and stabilize fees.
Although Telos’s goals are humble, EOS has already mitigated most of these
concerns using features such as REX and vRAM.
4

Telos intends to distribute voting power. Wealthy coin holders have the majority of
the voting power in on EOS, thus allowing only a limited number of wallets to set
the course for the entire network. To stop this from happening, Telos limits the
number of TLOS tokens to 40,000 tokens for its EOS Genesis Snapshot accounts.
This will help make the elections more fair and decentralized.
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2. Worbli- for finance and enterprise
It is an EOS sidechain that intends to provide services for financial institutions and
enterprise users. It is more centralized than EOS. In EOS, users are allowed to
vote for block producers. In Worbli, the block producers are picked by hand.
Worbli maintains strict regulatory compliance. All the block producers and account
owners must undergo KYC (Know Your Customer) or AML (Anti-money
laundering) background checks.
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In terms of market capitalization, its token is one among the 2,300 largest
cryptocurrencies. Worbli is one of the earliest EOS sidechains.
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3. WAX: for game asset trading
WAX or Worldwide Asset Exchange is a game asset trading platform that is based
on blockchain technology. The EOSIO main net was launched in June, and this
qualified it as a new member of the EOS family. It deals with the exchange of
virtual goods like character skins and in-game items. The WAX token is one of the
ninety largest cryptocurrencies.
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The WAX sidechain was not designed only to confront the existing EOS problems.
It relies heavily on features from other projects such as Ethereum’s ERC-20 token
standard.
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4. EOSForce- a sidechain with new governance
EOSForce is a Chinese-based EOS sidechain that primarily makes changes to the
default governance model of EOS. The EOS mainnet allows vote splitting, where
coin holders can vote for multiple block producers with each token they hold. But
in EOSForce, coin holders can only vote for one block producer with each token.
EOSForce provides token rewards to users voting for block producers. This is a
feature found on other blockchains with vote delegation like Tezos and Cosmos.
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These are a few governance changes introduced by EOS. The mainnet upgrade
performed by EOS on 1 July 2019 helped improve the interoperability and
performance of the sidechain.
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5. Boscore: sidechain for businesses
This focuses on business applications. It is designed for DApp construction. Its
main focus is on solving real-world problems. It emphasizes on inter blockchain
communication. Boscore is capable of handling tokens like Bitcoin and Ethereum.
This ensures that its app developers can work with some important blockchains. It
provides a few other features as well. It aims to provide higher transaction speeds
when compared to EOS and currently offers more plugins than EOS.
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5. Boscore: sidechain for businesses
This focuses on business applications. It is designed for DApp construction. Its
main focus is on solving real-world problems. It emphasizes on inter blockchain
communication. Boscore is capable of handling tokens like Bitcoin and Ethereum.
This ensures that its app developers can work with some important blockchains. It
provides a few other features as well. It aims to provide higher transaction speeds
when compared to EOS and currently offers more plugins than EOS.
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Conclusion
EOS sidechains benefit the EOS blockchains by providing horizontal scalability.
This means that they offload some of the transactions and activities that would
otherwise have to be handled by EOS. But this needs the participation of both
block producers and developers. On the whole, sidechains are useful additions to
the EOS ecosystem.
To know more about blockchains and enroll in blockchain certifications, check out
Blockchain Council.
14

Blockchain Council Certifications
You can check out our certifications, and kick start your career in the Blockchain
space today.
● Certified Blockchain Expert
● Certified Blockchain Developer
● Certified Smart Contract Developer
● Certified Solidity Developer
● Certified Ethereum Developer
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Copyright © Blockchain Council www.blockchain-council.org 16

Side chains top five siblings in the eos family

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