This is the third episode in our five part series on Ethereum scaling. On today's episode, Liam Horne of L4 Ventures joins to talk about a layer 2 scaling solution called state channels. L4 Ventures has an open source project called Counterfactual which is dedicated to building out generalized state channels. We talk about what state channels are, what they can enable, and the work being done to make this a reality on Ethereum.

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