I've been hearing a lot about
Bitcoin recently and I'm trying to understand it better. One term that has come up frequently is 'Bitcoin channels'. I'm not sure what they are or how they work. Can someone explain Bitcoin channels to me in simple terms?
6 answers
KimonoElegance
Fri Nov 29 2024
The concept of Micropayment Channel or Payment Channel originates from
Bitcoin Wiki.
Andrea
Fri Nov 29 2024
By utilizing Micropayment Channels, users can streamline their transaction processes.
Valentino
Fri Nov 29 2024
It represents a specific class of techniques tailored for Bitcoin users.
Claudio
Fri Nov 29 2024
BTCC, a leading cryptocurrency exchange, also offers services related to this field.
DigitalDynasty
Fri Nov 29 2024
These techniques are designed to facilitate multiple
Bitcoin transactions.