Key facts:
Connext is open source and allows anyone to plug in your own node to the network.It is possible to perform hundreds of transactions, but only two of them will occupy space in the network.The developer and founder of Connext, Arjun Bhuptani, announced this Monday September 23, that its system of instant payments with ether (ETH) and Dai (DAI) are available in the main network of Ethereum in its version 2.0.Through an article published in Medium, Bhuptani announced the launch of Connext 2.0, with the goal of processing transactions faster, like Lightning Network for Bitcoin. The network uses pay-per-view in a second layer that records balances in the network of Ethereum, to provide scalability, additional.To do this Connext runs in the Counterfactual, a protocol that uses channels of state for scalable applications in the main network of Ethereum.The channels of state are very similar to the concept of pay-per-view in Lightning Network, but instead of only supporting payments, also support ‘updates to state’ general. For example, the moves made in a Chess game could be updated in a channel state, and only transmitted to the network Ethereum once that ends the game. This allows applications that use Ethereum to move transactions out of the chain, increasing the utility of the network as a whole.The above example is applied to the system of payment of Connext means that users can make multiple payments between them and then, after a certain period of time, to “settle accounts” by making a transaction in the network of Ethereum. This means that you can perform hundreds of transactions, while only two of them occupy space on the network.In the description of the improvements offered by the new version, Bhuptani explains that although the version 2.0 have moved towards a more decentralized, this remains a pending task.
The real decentralization is still a step away, we have successfully passed to be completely non-privative of freedom, and we have laid the foundations for the implementation of a system multisalto in the style of Lightning without too many protocol changes in the future.Arjun Bhuptani, founder of Connext.
Another feature I added to version 2.0 of the payment system with ETH and DAI is that all transfers are completely free of custody, unlike the previous version in which, in some cases funds were withheld, especially for transfers outside of line.In this sense, also announced the upcoming new version 2.0 of the card Dai or Dai Card, which now has incorporated into its higher operating speed, native support for purses, ease of use and support for integrating new applications.On the official site of Connext explains that the version 2.0 is equipped with a system of a single node, currently hosted by Connext, which is enrrutan transactions and any customer of the company, you can connect to this node.In addition to the version 2.0 will include status updates of routing among nodes and the possibility of any plug in your own node to the network of Connext.