Quote from: Host.Games 1 on July 30, 2018, 10:32:29 AM

Quote from: straystranger on July 30, 2018, 10:30:07 AM

Quote from: LineXD on July 30, 2018, 10:25:47 AM

Quote from: bunopos on July 30, 2018, 10:23:52 AM

What is state channel and how's it be useful for hostgames platform? Can it be used in my shops as well to fuel up payments?

State channels are a very broad and simple way to think about blockchain interactions which could occur on the blockchain, but instead get conducted off of the blockchain, without significantly increasing the risk of any participant. The most well known example of this strategy is the idea of payment channels in Bitcoin, which allow for instant fee-less payments to be sent directly between two parties.

Does hostgames use state channel for scaling?

Yes. State channels are the general form of payment channels, applying the same idea to any kind of state-altering operation normally performed on a blockchain. Moving these interactions off of the chain without requiring any additional trust can lead to significant improvements in cost and speed.

What are the basic components of a state channel?