State Channel
A state channel is a way to make transactions faster and cheaper by moving them off the main blockchain. Participants can conduct many transactions between themselves without adding each one to the blockchain. Once they're done, they can send just the final result back to the main blockchain.
More terms under S
- StakingStaking is when you lock up your cryptocurrency tokens to help support a blockchain network that uses proof-of-stake. In return for your support, you earn…
- Staking PoolA staking pool is a group where people combine their cryptocurrency to increase their chances of earning rewards. By working together, they help the network…
- Stale BlockA stale block is a block that was mined successfully but doesn't make it onto the main blockchain because another block was added at the same time.
- Stochastic OscillatorA stochastic oscillator is a tool used in trading to help identify when an asset, like a cryptocurrency, is overbought or oversold. It looks at the asset's…
- Stock-to-Flow RatioThe stock-to-flow ratio is a way to measure how rare something is, like gold or Bitcoin, by comparing how much of it is currently available (stock) to how much…
- Stop-Loss OrderA stop-loss order lets you set a price at which you want to sell an asset if it starts to lose value. If the price drops to that level, the order automatically…
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.