Cryptocurrency Q&A
What is a channel in crypto?
What is a channel in crypto?
ChristopherWilson
Wed Nov 27 2024
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7 answers
1398
I'm trying to understand the concept of a channel in cryptocurrency. I've heard this term being used a lot, but I'm not entirely sure what it means in the context of crypto. Can someone explain?
7 answers
noah_harrison_philosopher
Fri Nov 29 2024
This approach significantly reduces the load on the main blockchain.
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HanjiArtist
Fri Nov 29 2024
This network facilitates transactions between two parties.
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Giulia
Fri Nov 29 2024
The parties involved can execute multiple transactions among themselves.
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KatanaBlade
Fri Nov 29 2024
Rather than constantly updating the main blockchain, channels work differently.
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ZenHarmonious
Fri Nov 29 2024
A channel represents a peer-to-peer network structure.
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