Ethereum Meetup – Scaling Ethereum Blockchain On State Channels

A fundamental limitation of blockchain applications is that blockchains are expensive. Sending transactions requires fees, and using ethereum to run smart-contract code is comparatively costly to other kinds of computation.
The idea behind state channels is that we can make blockchains more efficient by moving many processes off-chain, while still retaining a blockchain’s characteristic trustworthiness. Despite their conceptual simplicity as a natural extension of the “payment channel” concept, this technique today remains heavily under-utilized and underdeveloped. [Liam Horne]

What are the state channels and how do they work?

What types of state channels do we know and where is the value?

Let’s find out together at this event ✨

✨Speaker will be Ondrej Sarnecký – Blockchain Technology Developer & Consultant | Speaker | Blogger https://www.linkedin.com/in/ondrej-sarnecky/ ✨