coingecko (thumbnail mini)
Continue in app
Track prices in real-time
coingecko (thumbnail mini)
Continue in app
Track prices in real-time

State Channel

By CoinGecko | Updated on Mar 03, 2020
A second-layer solution to allow payments to be performed off-chain.

Share this with a friend!

Related Terms

Trustless
Entirely verifiable, without needing to trust or assume an action is done completely and in good faith.
Public Keys
The alphanumeric string which serves as a public receiving address in cryptocurrencies.
Full Node
Full Nodes are computers that verify the set of rules that are built into the protocols of a given cryptocurrency.
Shilling
One who poses as a enthsiastic customer to swindle others as a form of covert advestising.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.