Raiden Releases Last Testnet Before Its Ethereum Scaling Solution Launch
Raiden, the Ethereum payments channel project just launched a new test network.
The announcement was made at the Dappcon developer conference in Berlin on Thursday. The project came with features like a minimal implementation of the scaling solution that will allow Ethereum tokens to be traded on off-chain payment channels.
According to Lefteris Karapetsas, core developer of the project, this new testnet network “is an early implementation of the mainnet release itself and features newly rewritten smart contract code and payment channels that are recoverable in the case of an accidental closure.”
Introducing the launch at Dappcon, Karapetsas encouraged engineers to use the testnet to help find any potential bugs. An abundance program will likewise be declared to boost this, he included.
“We really want people to really test this so we have a user interface, we have an API and we’ve created an open Github for everything they could find, so if we go hopefully bug-free on the mainnet,” commented Karapetsas.
Trying to sidestep a portion of the scaling obstacles looked by ethereum and different blockchains, the launch date for the execution isn’t yet affirmed. However, the Raiden group intends to stay near its unique guarantee of a late spring dispatch.
“Until the end of August its still summer,” Karapetsas said. “Feature-wise the plan is to just launch with the same features that have on the testnet right now.”
Going ahead, Karapetsas said customary code updates and improvements will keep following the mainnet launch, including that the product will work couple with other scaling advances toward a more upgraded ethereum.
“Raiden is essentially the payment channel network for ethereum, it’s supposed to help us scale token transfers,” Karapetsas explained, adding:
“The long-term goal would be to have people use Raiden from a mobile device and be able to make off-chain token transfers just from their phone. That would be the long-term vision, it would probably work in combination with various scaling solutions, sharding, plasma, a sort of hybrid.”