What Are State Channels! https://blockgeeks.com/
State channels are an example of a layer two scaling solution for blockchains that are actively in development now! They’re a really interesting concept that allows for the speed of off chain transactions, with the security and decentralization of the blockchain. Bardia tells you all about it in one minute!
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State channels are an important technique for reducing fees for blockchain users. … We describe generalized state channels, a construction that allows users to install new functionality in an existing channel without touching the blockchain, using counterfactual instantiation of contracts within a channel.
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