State Channels

GPTKB entity

Statements (28)
Predicate Object
gptkbp:instanceOf Blockchain Technology Concept
gptkbp:contrastsWith Plasma
Sidechains
Rollups
gptkbp:enables Off-chain Transactions
gptkbp:example gptkb:Raiden_Network
gptkb:Lightning_Network
gptkbp:hasProperty Private
Bidirectional Payments
Trustless
https://www.w3.org/2000/01/rdf-schema#label State Channels
gptkbp:improves Scalability
Transaction Speed
gptkbp:limitation Limited to Channel Participants
Requires On-chain Settlement
gptkbp:proposedBy gptkb:Jeff_Coleman
gptkbp:reduces Transaction Fees
gptkbp:relatedTo gptkb:Bitcoin
gptkb:Ethereum
gptkb:Blockchain
gptkbp:requires Smart Contracts
Multi-signature Wallets
gptkbp:usedIn Gaming Applications
Micropayments
Payment Networks
gptkbp:yearProposed 2015
gptkbp:bfsParent gptkb:Ethereum_Layer_2
gptkbp:bfsLayer 7