State Channel

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

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Related Terms

Decentralized
A system where there are no centralized points of failure or organization with no central authority figure.
Nonce
It means ‘umber that only used once’ (a number that is only used once) and it is of vital importance next to the hash in the verification of data from the Bitcoin blockchain network.
Trustless
Entirely verifiable, without needing to trust or assume an action is done completely and in good faith.
Margin Call
Margin call takes place when investor's margin account falls below the required amount to stay afloat.
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