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Two-way pegs (2WP)

Two-way pegs are the devices that connect main chains to sidechains. Sidechains are used by blockchains to increase scalability and efficiency. A 2WP closes the cash on the main chain while opening the same amount on the sidechain, giving the appearance of a transfer. When a trader relocks the money on the sidechain, it becomes accessible on the main chain again.

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