At the core of Pecu Novus is global inclusion, every application or token created on the backbone of the Pecu Nouvs Blockchain Network is a separate blockchain. This is called a layer-2 and it increases the scalability and security of Pecu Novus.
Layer-2s promote global inclusion, allowing developers anywhere in the world with the ability to build on Pecu Novus, help further build the community and build an actual business.
Sidechains are actual blockchains that allow digital assets from Pecu Novus to be bridged over and used on another blockchain. Sidechains run in parallel with Pecu Novus and interact with Pecu Novus through bridges, but they do not derive their security or data availability from Pecu Novus. They have their own security protocols in place, which may be strong enough for their sidechain.
Sidechains similar to layer-2s can offer lower transaction fees and higher transaction throughput but have different trust assumptions. While Pecu Novus does offer security options for layer-2 solutions, it’s important to note that opting for enhanced security may result in higher fees within the layer-2 framework.
There are a couple of ways to move your digital assets onto a layer-2 platform. First is bridging your digital assets from Pecu Novus via a smart contract, Second you can simply transfer your digital assets directly to the layer-2 platform.
Keep in mind that centralized exchanges and decentralized exchanges work differently. When transferring your digital assets from Pecu Novus to a centralized network then you can essentially be relinquishing your direct ownership of those digital assets however they provide withdrawal options. Decentralized exchanges in most cases provide self-custody which keeps the digital assets in control of the Pecu Wallet holder.
Many layer-2 projects are in their very early stages and necessitate users to place trust in certain operators for the network’s decentralization efforts. It is highly recommended to conduct thorough research and assess your comfort level with associated risks before engaging with these projects.
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