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Term

state channels

Definition

A layer 2 solution where a channel is set up between participants, where they can transact freely and cheaply. Only a transaction to set up the channel and close the channel is sent to Mainnet. This allows for very high transaction throughput, but does rely on knowing number of participants up front and locking up of funds.
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Suggested translation

Cast your vote on the terms below to help the community select the best translation for each context.

  • Zustandskanäle
    Prose
  • Zustandskanäle
    Heading
  • Zustandskanäle
    Tag
  • Zustandskanäle
    UI
  • oneZustandskanalotherZustandskanäle
    Plurals

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