Off-Chain transactions аrе bаѕеd оn thе idеа оf trаnѕасtiоns being settled without making way to Blockchain, off-chain transaction is a type of transaction that happens in a sidechain, network or database which doesn’t get broadcasted to main Blockchain, that’s why this type of transaction is termed as Off-chain Transaction. In On-chain Transaction, Transaction makes its…
Raiden, which is the ethereum payments channel project has launched a new test network This was announced on Thursday in Berlin at the Dappcon developer conference, the release features a minimal implementation of the scaling solution that will allow ethereum tokens to be traded on off-chain payment channels. Notably, this particular testnet will be…