There are many potential developments that can make Ethereum a more versatile and robust cryptocurrency project. Downsizing remains its main problem, even though most of the currencies and digital resources on the market can be said. Raiden, one of the highly touted solutions, has now reached the main Ethereum network. At least, the Red Eyes version did it.
Raiden Red Eyes is promising
It's been a while since people have been actively discussing the Raiden network. Once propagandized as an important step forward for Ethereum both in terms of development and downsizing, it has become much less a hot topic than previously thought. Originally introduced several years ago, it took some time to make this project still close to ready release. Not abnormal in this sector by any means, though.
We are rapidly advancing this week and it seems that Raiden Network is finally heading towards the Ethereum network. Through the recently announced Red Eyes release, it serves as an alpha trial version. There are still some potential security issues to be addressed first, even if the developers are fully aware of the potential shortcomings.
We are pleased to announce that the "Red Eyes" alpha trial version of Raiden Network is now available on Ethereum mainnet! https://t.co/iJnAMn68Hp
– Raiden Network (@raiden_network) 21 December 2018
The Raiden team also points out that the current version is not even remotely ready for production. While an alpha test can provide much useful information to achieve this goal in the future, stakeholders would do better to maintain their modest expectations for the time being. This is only the first version of Raiden Network and the final product could be very different from the version of Red Eyes.
In this alpha version, users can start experimenting with smart contracts and the main protocol. A dedicated bug bug campaign was also created to allow users to report any problems along the way. There will undoubtedly be bugs and nodes to be resolved along the way, which is normal for such an alpha version. The introduction of Ethereum-based payment channels is not something that can be taken lightly.
Among the features to be tested are the payment channels, the Matrix transport protocol for messaging and a REST API for all functionality, among other things. To access these features, users will need to download the latest version of Raiden Network and follow the installation steps described on this page. Although a new WebUI is included in this version, it may be a little cumbersome for most everyday users.
All in all, this is very good news for the Raiden Network team and for Ethereum enthusiasts all over the world. Climbing this network to new levels is absolutely necessary and this alphas version brings that idea one step closer to achieving it. Although there is still a lot of work to be done in the coming months, this early version is a promising signal, all things considered.