Liquidity Network make off-chain protocol for Ethereum

It will become an analog of the Lighting Network for the bitcoin
30 November 2017   2573

The Swiss researcher Ethereum Arthur Gervais presented a demo version of the Liquidity Network project. It will allow Ethereum-purses to introduce and use an off-chain transaction protocol for payment channels, an analog of the Lighting Network for the bitcoin network.

For users, the process of transferring funds will not visually change. But under the hood of the Ethereum wallets, the off-chain protocol will connect the sender and the recipient through "hubs", which will provide payment channels between all connected to the "hub" parties.

During the demonstration of the demo version, Gervais showed the process of depositing funds for the "hub", and also transferred two users 50 Wei and 30 Wei (fractional shares  Ethereum), respectively.

Earlier developers of the decentralized crypto exchange Altcoin Exchange conducted the first atomic transaction between the networks of bitcoin and Ethereum.

Opera Mobile to be Add Crypto Purchase Option

Together with Wyre, in USA Opera will add Apple Pay to the iOS apps and integrate of debit cards for the Android version to purchase crypto
17 March 2020   264

Opera added the ability to purchase ETH and BTC for US residents through Apple Pay and credit cards in mobile versions of the browser on iOS and Android.

In the framework of cooperation with the startup Wyre, that is primarily aimed at users of mobile versions of the browser in the United States, Opera adds Apple Pay to the iOS application and the integration of debit cards for the Android version to purchase cryptocurrencies. This will give users the opportunity to make purchases of BTC and ETH worth up to $ 250 per day for $ 0.3, plus a transaction fee of 2.9%, said cryptocurrency director of Opera Charles Hamel.

This restriction in the purchase of cryptocurrencies is due to the fact that the new features are primarily intended for application developers and everyday users, and not for investors and speculators.

That’s not a very high ceiling, but it’s meant to appeal to dapp developers and day-to-day users, not investors and speculators looking to move well over $250 in crypto a day.

 

Charles Hamel

Opera’s Head of Crypto

The company is moving towards turning its browser into a Web 3.0 application by adding TRON support and releasing a desktop version of the browser compatible with dApps on Ethereum. In October last year, advanced functions were added to the Opera browser version for Android that allow payments in bitcoin directly from the built-in digital wallet.

Hamel said that the settlement of the transaction will take about 30 seconds, and the payment company Wyre will be engaged in the storage of crypto assets. According to a press release, in the near future it is planned to add the possibility of buying cryptocurrencies in other countries.