GalaxyWhisper
Fri Nov 29 2024
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7 answers
1720
What is Bitcoin state channel?
Bitcoin state channel is a technique that enables interactions on the blockchain to be conducted off-chain, improving efficiency and scalability. It allows participants to lock assets on-chain, conduct multiple transactions off-chain, and then settle the final state on-chain, reducing fees and transaction delays.
QuasarStorm
Mon Aug 05 2024
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7 answers
767
What is Celer Network State Channel?
Can you please elaborate on what exactly Celer Network State Channel is? I'm curious to know how it functions within the blockchain ecosystem and what benefits it offers to users. How does it compare to other state channel solutions in the market? And what are the main challenges it faces in terms of scalability and security? I'm also interested in knowing about its potential applications and use cases.
