Ethereum update: Payment Channel (Lightning) On Ethereum
EDIT: Yes, this is not the same thing as lightning, but it provides a similar value proposition and I wanted to provide some vernacular people might be more familiar with – I would change the title of this if I could :/
If you’re reading this and want more tools to be built for the community – upvote it. Upvote the new tech people are working on to raise awareness of the stuff beyond ETFs, hacks, and coindesk that are coming from within the community 🙂
I just wrote a simple one-way payment channel, I’ll be adding a basic web-app interface to it for consuming it and integrating with Metamask. I just finished the tests and wanted to put this out there in case anyone wanted to take a peek while I work out the frontend 🙂
Also, if you’d like to learn more about payment or state channels, please check out my medium article (I’ll be posting a new one each week for this series on channels) – [https://medium.com/@eolszewski/counterfactual-for-dummies-part-1-8ff164f78540](https://medium.com/@eolszewski/counterfactual-for-dummies-part-1-8ff164f78540)
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.
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