State Machines across Isomorphic Layer 2 Ledgers

ePrint Report: State Machines across Isomorphic Layer 2 Ledgers

Maxim Jourenko, Mario Larangeira

With the ever greater adaptation of blockchain systems, smart
contract based ecosystems have formed to provide financial services and
other utility. This results in an ever increasing demand for transactions
on blockchains, however, the amount of transactions per second on a
given ledger is limited. Layer-2 systems attempt to improve scalability
by taking transactions off-chain, with building blocks that are two party
channels which are concatenated to …

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