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Blockchain In 1 Minute - What Is Blockchain - Blockchain Explained -How Blockchain Works-SimplilearnLightning-fast blockchain payments without worrying about block confirmation times. Capable of millions to billions of transactions per second across the. State channels enable groups to perform secure, fast and low-cost transactions using blockchain technology. The state channel solutions in use. A blockchain is a decentralized ledger of all transactions across a peer-to-peer network. Using this technology, participants can confirm transactions without a.