Payment Channels

Concept

A layer-two scaling solution allowing for multiple off-chain transactions between two parties, which are then settled on the blockchain as a single transaction.

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Videos Mentioning Payment Channels

Vitalik Buterin — Creator of Ethereum feat. Naval Ravikant

Vitalik Buterin — Creator of Ethereum feat. Naval Ravikant

Tim Ferriss

A layer-two scaling solution allowing for multiple off-chain transactions between two parties, which are then settled on the blockchain as a single transaction.