Blockchain 101
State Channels and Private Transactions
This course examines two essential innovations in blockchain technology: state channels and private transactions. You will explore how state channels improve scalability by moving repeated interactions off-chain, while private transactions employ zero-knowledge proofs to protect confidentiality without compromising validity. The course reviews use cases such as gaming, micropayments, voting systems, and confidential business contracts, as well as the trade-offs and regulatory questions these tools invite. Learners will also study how advanced designs may combine both approaches to deliver speed and privacy simultaneously. By the end, you will understand how state channels and private transactions expand the versatility of blockchain systems while preserving their core values of security and decentralization.
Course Content
What Are State Channels?