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on
1
Introduction
2
Payment channel
3
Smart contracts
4
Ledger State Channels
5
Virtual State Channels
6
Summary
7
Functionality
8
Contract Execution
9
Virtual State Channel
10
Motivation
11
Longer Channels
12
Dispute
13
Time Complexity
14
Challenges
15
Universal composability model
16
How does this work
17
Conclusion
18
Questions
Description:
Explore the concept of off-chain protocols as a solution to cryptocurrency scalability challenges in this 25-minute ACM conference talk. Delve into payment channels, smart contracts, and ledger state channels before examining virtual state channels in depth. Understand the motivation behind longer channels, dispute resolution, and time complexity issues. Analyze the universal composability model and its application. Conclude with an overview of current challenges and future directions for improving blockchain technology scalability.

General State Channel Networks

Association for Computing Machinery (ACM)
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