State Channel
By CoinGecko | Updated on Mar 03, 2020
A second-layer solution to allow payments to be performed off-chain.
Related Terms
Second-Layer Solutions
Secondary network or framework built atop an existing blockchain to address transaction speed and scalability issues.
Centralized
An organization structure wherein a small handful of actors have control over the entire network.
When Moon
An expression used by investors to ask when the price of a coin would hit a peak
Blockchain
In Bitcoin's case, blockchain describes its decentralized, public ledger which contains transactional information.
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