To add a bit to DKNguyen's answer:
The wear resistance of rubber as used in tire manufacture scales with its hardness. Hardness is varied by controlling the amount of carbon black milled into the elastomer base. More carbon yields a harder composition. Hard rubber wears more slowly than soft rubber, so a coating of hard rubber on the tread surface of a tire will make it last longer than a soft one- but it also does not grip the road as effectively as soft rubber. What to do?
On motorcycle tires, the solution is to make the tire out of three different rubber compositions. The center "stripe" of the tire surface is made from hard rubber, so when you are blasting down the interstate in a straight line on a warm, sunny day you are rolling on the most wear resistant part of the tire, and you get long life.
Partway up on the sidewall of the tire, where you are rolling during a turn, a softer compound is used to yield more traction so you will not skid on a cold rainy day, and farther up than that the softest compound is used to give you even better grip in a sharper turn while "canyon carving".
Almost all the way up on the sidewall is a ridge that protrudes away from the body of the tire. This is called the "chicken strip" and by thickening the soft rubber into a ridge, that rubber can deform more easily than the soft rubber covering the bulk of the sidewall and furnish even greater grip in the steepest possible turn- beyond which portions of the underside of the motorcycle will begin to scrape the road, which lifts the tire out of contact with the pavement. A low-side crash is the result.
It is called the chicken strip because if you fail to "chicken out" of a steep turn prior to running out of sidewall tread, it will dig into the pavement and save your life at the last moment.