Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: PRIBO247 on December 24, 2018, 09:23:25 PM
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Red Eyes , the first version of the Raiden Network (RDN ), a protocol
for scaling token transfers on Ethereum ( ETH ), has been
successfully deployed on the Ethereum mainnet.
WE ARE EXCITED TO ANNOUNCE THAT THE ALPHA TESTING
RELEASE “RED EYES” OF THE RAIDEN NETWORK IS NOW LIVE
ON THE ETHEREUM MAINNET! HTTPS://T.CO/IJNAMN68HP
— RAIDEN NETWORK (@RAIDEN_NETWORK) DECEMBER 21,
2018
According to the announcement , the main goal of the Red Eyes
release is to battle test the smart contracts and core protocol on
the mainnet. As part of this process, the Raiden Network team has
published a bug bounty specifically for this release.
Included in the release is the ability to open, top-up, close and
settle payment channels. Additionally, testers will be able to
automatically join a token network and open these channels with
their peers.
“We hope that you’ll enjoy testing the software and doing off-
chain token transfers, using our payment channel network on the
Ethereum mainnet,” the Raiden Network team said. “This is an
early step of bringing the Raiden Network’s vision, which we have
been working on for a long time, to life and we are happy to have
you on board as first adopters.”
Similar to the Lightning Network, the Raiden Network is intended
to be a scalability solution with the express purpose of bringing
Ethereum to 1,000,000 transactions per second. Raiden channels
can exist forever and are capable of operating with fewer on-chain
transactions versus Lightning, ultimately lowering fees.
https://sludgefeed.com/
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Very interesting information. I would like to see in ethereum a throughput of one million transactions per second. Only when it will be embedded in this coin? How will this program be combined with the planned improvements in ethereum in mid-January?