January 2019
Beginner to intermediate
372 pages
11h 17m
English
Content preview from Foundations of Blockchain
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Off-chain transactions
A set of transactions that can be performed outside the blockchain is referred to as off-chain transactions. Off-chain transactions rely on several methods of validation that are different from the one used in the main blockchain. Although the main motive of the off-chain transaction is to achieve increased transaction speed, it also should provide basic security by making sure that the transactions cannot be reversed by any participant.
Off-chain state channels and sidechains are the popular off-chain solutions. We will have a look at both of these off-chain transaction solutions.
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