Populous is releasing live Beta

Populous platform is going to launch beta version on May 1 to test its readiness for a mass adoption
15 April 2018   618

Populous' Beta set to go live May 1. The purpose is to monitor the performance of the platform and decide if it's OK to start accepting the massive influx of PPT holders. During beta period a few PPT holders will be selected to benefit from being able to trade a live invoice from real companies. To do that, PPT holders can pledge their PPT for Poken and then use it to purchase a pre-selected single invoice on the platform. The purchase of real invoices helps business with short-term cash flow and makes use of Populous XBRL data.

The platform will open access to a gradual roll-out of invoices during the beta for the start. As it prepares to be opened to the general public invoices will be ramping up in volume. Built on the blockchain technology, Populous allows global investors to bid real-time on invoices to provide them with competitive prices, compared to more centralised competitors of invoice discounting platforms.

At the moment of publication, Populous market characteristics are as follows

  • Average price: $16.08
  • Market cap: $595,113,562
  • Volume (24H): $1,885,120

Ethereum Scaling Solution Raiden to Launch Last Testnet

As noted by the developers, after implementing the new solution, the Ethereum network will be able to provide more than a million transactions per second
20 July 2018   137

On Thursday, July 19, at the Dappcon developer conference in Berlin, the last test network of Raiden for the Ethereum blockchain was launched, CoinDesk reports.

The release includes a minimal implementation of the scaling solution, which will allow the transfer of Ethereum tokens outside of the main blockchain. This is the last test phase before the introduction of technology into the core network of Ethereum.

It's the first step towards going to the mainnet. 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.
 

Lefteris Karapetsas

Core Developer, Raiden

According to him, the new release represents an early implementation for the core network and contains a new rewritten code of smart contracts and payment channels that can be restored in case of unintended closure.

Also, Karapetsas urged developers to join the test network to help detect possible bugs, adding that a bounty program will be launched to encourage this activity.

The release date for the main network has not yet been assigned, but the developers intend to follow this earlier promise and launch Raiden this summer.

Karapetsas also promised to publish regular updates and code optimizations after the full release, adding that Raiden will complement other Ethereum scaling solutions that are currently being developed.

Raiden is essentially the payment channel network for ethereum, it's supposed to help us scale token transfers. 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.
 

Lefteris Karapetsas

Core Developer, Raiden

Raiden is developing from the 2015 and is written mostly on Python. The project is much like the Lightning Network. As noted by the developers, after implementing the new solution, the Ethereum network will be able to provide more than a million transactions per second.