Layer 2 Blockchain Scaling Solutions – State Channels

published on Nov 07, 2018 by Crush Crypto Favorite
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Layer 2 is a term used to describe developments for blockchain technology that are being built on top of the existing “layer 1” infrastructure. It is also referred to as “offchain” solutions.

Video Content:
00:14 What does “layer 2" mean?
01:27 What is a state channel?
02:06 Application-specific state channels
03:27 Generalized state channels

Projects working on state channels:
04:01 Lightning Network
04:44 Raiden Network
05:28 Celer Network
05:44 Counterfactual
06:01 SpankChain
06:17 FunFair
06:28 Perun

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The information in this video is for educational purposes only and is not investment advice. Please do your own research before making any investment decisions. Cryptocurrency investments are volatile and high risk in nature. Don't invest more than what you can afford to lose. Crush Crypto makes no representations, warranties, or assurances as to the accuracy, currency or completeness of the content contained in this video or any sites linked to or from this video.

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