SpankChain: Payment Channels in Production by Ameen Soleimani & Arjun Bhupati (Devcon4)

Wed, Oct 2, 2019, 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/4/spankchain-payment-channels-in-production The original custodial payment hub architecture; Our motivation for upgrading to a non-custodial hub; The new perun-style hub architecture; How we conducted the upgrade; An overview of features: Streaming payments, Currency auto-conversion (+ price negotiation), 2-token exchange, Custodial payments, Fees; A discussion of various design decisions: Payment Channels vs. Plasma, Perun vs. Hashlocks, Unidirectional vs. Bidirectional Virtual Channels, Emphasizing the “Card”, de-emphasizing the wallet; BOOTY Maximalism vs. ERC20 agnosticism; Future Roadmap; Networked hubs; State channels; Integration into Wallets like Gnosis Safe; Delegated signing keys / permissions; Anticipated Ecosystem Impact; SDK - Everyone gets payment channels; As a foundation for state channels; As a focal point for experimentation. Speaker(s): Ameen Soleimani, Arjun Bhupati Skill level: Intermediate Track: Scalability Keywords: development, devex, plasma 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 4 was held in Prague, Czech Republic on Oct 30 - Nov 2, 2018. Devcon is organized and presented by the Ethereum Foundation, with the support of our sponsors. To find out more, please visit https://ethereum.foundation/