107 - Scaling Public Blockchains - Challenges and Solutions
The Unstoppable Podcast
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How to Do a Lot More Transactions on a Bitcoin Block Chain
State channels were a way for two people who interacting with each other to decide amongst themselves that if we're going to do a hundred transactions this month, and of doing a hundred transactions back and forth. And then at the end of theend of the month, just do one transaction to settle all those other ones. People got pretty excited about that when that first came out, cause it was a really good solution for scaling. That actually led to some other innovations, like lightning network and a few other things like that tat you hear about day. Euee says there's still a lot of research around that they're still a very interesting idea. But i'm sure we can get some
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