Trinity released its monthly report for October, as well as an in-depth refresher on its state channel technology. The Trinity protocol is a universal off-chain scaling solution that uses state channel technology to create private payment channels and real-time transactions. The protocol is agnostic and now operates on top of the NEO and Ethereum blockchain platforms.
With regards to NEO-based development, Trinity reports it has updated the Trinity light (SPV) version with NEO and ETH state channel protocols, as well as enhanced its function scalability. Additionally, Trinity has applied for a Google Play trial version of its Trinity-NEO State Channel Protocol App.
The Trinity wallet has been completely redesigned, with a focus on a UI that better suits mobile users. The wallet is now available on Google Play as well as the official Trinity website.
With regards to its Ethereum-based developments, Trinity has made improvements to the state machine of the Trinity state channel, which will “distinguish the channel status according to the user operation.” Additionally, it has verified its hashed timelock contracts (HTLC) offline settlement function and repaired the signature verification code which ensures the accuracy of offline transactions.
State Channels Overview
Trinity has released an overview of its state channel technology, which doesn’t cover any new technology updates, but serves the purpose of refreshing the reader’s memory of how they work. State channels are “used to carry out transactions and state updates off-chain” in a “highly secured and consistent” manner.
The article covers the background of the need for state channels, blockchain scaling solutions, implementing state channels, and how they’re used.
To read the full article visit the following link:
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