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05/12 14:10

Can you explain the term 'state channels' and how they relate to layer-2 technologies?

Hey, can someone break down what 'state channels' are? I've heard they’re linked to layer-2 technologies in the crypto world, but I'm a bit lost. How do they work and why are they important for scaling blockchain transactions? Would love to get a clearer picture! Thanks!
#Crypto FAQ
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