Last Test Network Launched for the Ethereum Payments Channel Raiden – Bitcoints

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Published on July 20th, 2018 | by bitcoin

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Last Test Network Launched for the Ethereum Payments Channel Raiden

Last Test Network Launched for the Ethereum Payments Channel RaidenA new test network has been announced for Raiden, the ethereum payments channel project during the Dappcon developer conference in Berlin on Thursday, July 19.
This particular testnet is the last one to test the technology before going live for everyday users.
Karapetsas also said that this new testnet will feature a rewritten smart contract code in addition to the payments channel which can be used as a recovery method.
He also mentioned that the software will work in pace with other scaling technologies to create a more optimized functioning of the Ethereum network.
He explained:
“Raiden is essentially the payment channel network for ethereum, it’s supposed to help us scale token transfers.

Source: Www.coinspeaker.com

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