Scaling Many to Many Payments with Probabilistic Micropayments by Doug Petkanics, Yondon Fu

Fri, Oct 2, 2020, 12:00 AM

Visit the https://archive.devcon.org/ to gain access to the entire library of Devcon talks with the ease of filtering, playlists, personalized suggestions, decentralized access on IPFS and more. https://archive.devcon.org/archive/watch/5/scaling-many-to-many-payments-with-probabilisitic-micropayments Probabilistic Micropayments, in which a sender pays a recipient with a form of lottery ticket for services performed, present an alternative payment scaling solution to state channels that bring advantages in certain use cases such as stream data processing and distributed compute. In this talk we'll present an overview of this form of micropayments, compare and contrast them to hub and spoke payment channels, show the security model against double-spends, present benchmarks from real world usage within the Livepeer protocol, and showcase an open source implementation. Speaker(s): Yondon Fu, Doug Petkanics Skill level: intermediate Track: Execution Layer Keywords: technical Follow us: https://twitter.com/efdevcon, https://twitter.com/ethereum Learn more about devcon: https://www.devcon.org/ Learn more about ethereum: https://ethereum.org/ Devcon is the Ethereum conference for developers, researchers, thinkers, and makers. Devcon 5 was held in Osaka, Japan on Oct 8 - 11, 2019. Devcon is organized and presented by the Ethereum Foundation, with the support of our sponsors. To find out more, please visit https://ethereum.foundation/