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Sprites: Payment Channels that Go Faster than Lightning Andrew MillerIddo BentovRanjit KumaresanPatrick McCorryUIUCCornell University Microsoft Research Newcastle UniversityarXiv:1702.05812v1 cs.
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Sprites payment channels refer to a technology that allows for off-chain transactions between two parties, providing a faster and more cost-effective way to conduct transactions compared to on-chain transactions.
Entities or individuals utilizing sprites payment channels for transactions are required to file sprites payment channels.
To fill out sprites payment channels, the user must provide information about the parties involved, the amount of the transaction, and any other relevant details about the off-chain transaction.
The purpose of sprites payment channels is to enable faster and more cost-effective transactions by conducting off-chain transactions between parties.
Information such as the parties involved, transaction amount, and any other relevant details of the off-chain transaction must be reported on sprites payment channels.
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