“A channel is 1 onchain UTXO but it represents the funds of 2 people. The 2 outputs are off-chain. If a block has 2k tx then each block can on-board 4k people. Multi-party channels could have more off-chain outputs: thousands. That would mean a block could on-board 4 million users”


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"A channel is 1 onchain UTXO but it represents the funds of 2 people. The 2 outputs are off-chain. If a block has 2k tx then each block can on-board 4k people. Multi-party channels could have more off-chain outputs: thousands. That would mean a block could on-board 4 million users" submitted by /u/n0rynsyra
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247 BTC

Bitcoin News Search

1 News - 247 News - 247 Bitcoin - 1 Search


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