Sentences with phrase «version of payment channels»

Leading off was Purdue University's Pedro Moreno - Sanchez, who gave an overview of current designs for the Lightning Network, the most mature version of payment channels for the bitcoin network, and one that while now possible faces implementation challenges.

Dryja, for example, told CoinDesk that segregated witness would allow his proposed version of payment channels to reach their maximum efficiency based on projections he presented on day two of the event.

Not exact matches

His Pass - Thru (2014), a studio - made version of the plastic payment channel employed by liquor stores and banks, brings attention to the logic gap inherent in the production of these security objects, which are only protective when fabricated with bullet - proof glass.

A streamlined version of the Raiden payments channel network has been launched on the main ethereum blockchain.

The latest version of the Lightning Network is able to open and close channels with peers, handle all cooperative and non-cooperative channel states, maintain an authenticated and validated channel graph, passively forward incoming payments, send outgoing TOR - encrypted payments and so on.