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A
My
name
is
Abu,
so
I'm
gonna
talk
to
you
guys
about
raiding
I'm,
not
gonna,
go
in
a
deep
dive
about
a
protocol.
I'm
just
gonna
make
a
quick
review
about
the
protocol
and
talk
generally
about
the
status
of
the
project.
Okay,
so
just
a
little
introduction
about
me,
I'm,
a
good
hockey
hack
I
have
been
working
with
the
Brayden
project
for
quite
a
while
two
and
a
half
years.
Pretty
much.
That's
a
foot
of
me,
and
so
this
is
the
agenda
for
the
presentation.
A
A
Then
I'm
gonna
talk
a
little
bit
about
what
is
the
current
status
of
the
project
so
give
a
good
update
about
the
project
for
you,
guys
and
I
want
to
make
a
demo,
but
my
laptop
didn't
work.
So,
let's
see
I'm
gonna
try
to
bring
another
laptop
to
show
demo
for
you
if
it
doesn't
work.
I'm,
just
gonna
show
a
video
of
the
project.
Working,
ok
and
at
the
end,
I'm,
just
gonna,
give
an
update
or
for
future
plans
for
the
project,
so
first
things
for
it.
A
First,
what
is
raiden
raiden
is
a
network
of
payment
channels
right,
so
we
have
a
constructor
on
the
blockchain,
where
we
lock
some
tokens
and
we
can
use
these
tokens
to
make
payments
without
interacting
with
the
blockchain.
Okay,
and
the
really
important
thing
about
Radin
is
that
it's
not
like
a
silver
bullet.
We
are
building
a
payment
technology.
We
are
not
building
state
channels
right,
so
you
cannot
just
use
red
and
rescale
everything.
You
can
use
red
and
rescale
payments
without
interacting
with
the
blockchain.
A
So
that's
the
important
thing
to
keep
in
mind
if
you,
if
you're
writing,
an
application
that
actually
is
a
tap
that
needs
to
interact
with
the
blockchain
valent
may
not
be
the
best
solution.
It
depends
on
how
often,
if
you
can
batch
these
interactions
or
if
we
can
actually
provide
some
metadata,
that
you
can
use
with
your
your
dab
and
reduce
the
number
of
transactions
that
you
sent
you
the
blocking,
but
Raiden
itself
is
not
a
solution
for
all
these
problems.
Oh.
A
It's
it's
I'm,
sorry,
better,
okay,
yes,
so
we
started
with
the
basics,
I'm
ratings,
Bureau
and
the
concept
of
payment
channels,
so
payment
channels
are
building
two
parts
we
have
watching,
which
is
represented
in
the
top
of
the
figure
in
the
we.
What
I
want
you
to
shown
in
this
figure
is
that
the
blockchain
is
used
to
actually
hold
some
tokens
and
squirrel
in
smart
contract
that
we
call
it
token
network
okay.
So
what
happens?
A
Is
it's
pretty
much
that
all
channels
in
radan
there
have
two
parties
a
and
B,
and
these
parties
can
make
deposits
for
the
for
the
channel
launching
and
once
we
have
these
deposits,
we
can
use
them
to
make
payments
of
Jane.
Okay.
This
is
the
basic
building
block
the
blockchain
part
and
the
option
part,
which
is
what
the
Raven
client
manages
right.
A
And
in
this
way
we
can
just
make
sure
that
we
can
make
it
payment
to
most
of
the
nodes
in
the
in
the
network
without
having
to
have
a
direct
or
without
having
a
direct
connection
to
Alton.
Okay.
So
that's
a
quick
overview.
A
radio
network
is
built
on
payment
channels
and
we
use
payment
channels
to
make
a
payment
network.
And
why
is
that
good?
Why
is
that
good
for
the
few
ecosystem?
And
what
is
it
problem
that
we're
trying
to
fix?
A
So
we
think
that
our
payments
are
like
a
huge
use
case
of
the
blockchain
and
if
you
have
to
interact
with
the
blockchain
every
time
when
you
want
to
make
a
payment,
it's
not
necessarily
the
most
efficient
way
of
doing
things
and
ralien
allows
you
to
make
payments
without
interacting
to
the
blockchain.
So
that
reduces
the
number
of
transactions
that
you
need
to
send
to
the
blocking,
and
it
also
over
time
over
like
5%.
A
A
Ok,
so
that's
pretty
much!
What
reading
is
good
for
very
good
for
making
payments?
And
specifically,
it's
really
good
for
making
micro
payments
because
micro
payments,
but
if
you're
like
pinyon,
half
a
cent,
it
doesn't
really
make
sense
just
in
the
transaction,
because
the
transaction
itself
can
be
more
expensive
than
a
half
a
cent.
A
So
you
don't
want
to
pay
in
fees
more
than
what
you
want
to
pay
for,
for
whatever
goods
you're
glad
and
that's
pretty
much
the
biggest
use
case
that
railing
tackles
and
that's
why
we
think
it's
a
good
use
case
for
actually
making
mass
adoption,
making
things
cheaper,
more
scalable,
faster,
okay.
So
that's
idea,
quick
overview
if
you
guys
have
questions
just
reach
them
out
afterwards.
I
can
talk
simply
thanks.
Sorry
about
the
protocol,
but
what
is
it
kinda
said
is
because
everyone
who
wants
to
use
it
right,
hopefully
everyone
wants
to
use
it.
A
So
we
started
a
faster
release
cycle
like
a
few
months
ago.
It
started
in
July
with
the
Eco
release,
and
after
that
we
have
like
equalized
five
months
of
really
intensive
changes
to
the
core
of
the
node.
At
the
core
of
the
often
client
I
mean
we
made
some
really
strong
guarantees
about
consistency
of
the
data
and
not
losing
data.
A
That
is
really
important
to
prove
your
balance
of
Jing,
okay
and
that
since
July,
we
have
pretty
much
made
a
release
every
week,
as
as
we
can
fixing
bugs
and
adding
features,
and
sometimes
it
will
don't
make
every
release.
But
we
may
have
like
a
release
every
week,
but
we
make
every
two
weeks
and
right
now
we
are
working
towards
finishing
a
milestone
that
we
call
red
eyes
and
the
red
eyes
release
go.
A
We
have
binary
executable
binaries
that
you
can
use.
Just
you
try
it
out.
The
budget
should
be
quite
preview,
she
use
doesn't
work
in
Windows,
but
it
works
on
Macs
and
Linux.
Yeah
and
Argo
is
just
released
some
new
test
nets
and
then
go
to
the
minute
with
a
red
X.
Okay.
So
what
is
it
going
to
said?
Is
what
can
a
client
do
so
right
now,
Raiden
can
manage
the
channels
so
the
life
cycle
that
I
was
talking
a
little
bit
before,
with
blocking
opening
a
channel
closing
the
channel.
A
We
have
a
dispute
resolution
that
happens
on
chain.
That's
what
is
crucial
for
the
security
of
the
system.
That's
done
that's
implemented.
We
also
have
some
hot
paths
for
optimization
where
we
reduce
the
number
of
transactions
that
you
need
to
actually
withdraw
money
from
the
from
the
from
the
smart
contact
we
have
implemented
single
in
would
hop
transfers
that
relies
on
the
hash
sign
locks
that
was
talking
before.
So
the
payment
network
is
actually
available.
It's
working
and
we
also
have
some
features
for
automatically
joining
the
talk
network.
A
So
you
don't
need
to
actually
know
how
we're
gonna
join
your
token
artwork,
which
is
press
a
button,
and
then
channels
are
open
for
you
and
manage
for
you,
and
we
also
have
some
arrests
there,
because
our
go
is
actually
to
be
ready
so
that
people
can
view
it
applications
on
top
of
failing.
Our
goal
is
not
to
be
like
the
guy,
the
people
that
are
gonna
build
Raven
and
only
a
one
application.
That's
going
to
use
it,
so
we
want
to
provide
recipe
rise.
A
So
then
people
can
your
take
on
the
apps
that
make
payments
using
the
radio
network
and
the
way
that
that
would
work
is
toward
the
brass
API
data,
where
facility
standard,
HTTP,
REST,
API,
okay-
and
this
point
is
very
important.
We
have
right
now
implemented
recoverability
under
Fouts.
So
if
you're
running
your
rating
node
and
anything
goes
wrong
with
your
network
with
your
power
grid,
I
have
anything
is
off
the
cubes
process
that
you
you
have
brain
and
executing
on.
A
A
So
we
just
use
standard
HTTP
for
communication
and
we
also
have
any
web
UI,
which
is
way
better
than
the
previous
one.
If
this
one
actually
looks
nice
and
we
are
working
on
a
red
and
explorer-
that's
just
a
visualization
for
for
the
rating
network
to
go
with-
we
don't
have
available
yet,
but
that's
something
that
we're
going
to
make
it
available
in
the
future.
So
in
the
face
word
were
the
status
of
the
Braden
client.
A
What
we
have
that's
necessarily
for
the
written
note
to
work,
often
without
interacting,
without
the
necessary
interactions
with
the
blocking,
and
we
also
have
the
backing
up
of
the
smart
contracts
on
Jing
right.
So
right
now,
in
his
mine
context,
we
have
all
the
features
that
we
want
her
to
write
eyes
implemented,
and
these
are
one
token
network.
A
A
So
previously
you
had
to
send
at
least
four
transactions
should
do
a
dispute
resolution
on
chain
and
close
the
channel
right
now
you
can
just
have
an
agreement
of
chain,
send
one
transaction
and
the
balances
are
resolved
arching
and
then
the
channel
is
completely
closed
without
necessary
without
requiring
more
interactions
with
the
blockchain
okay.
So
these
are
two
screenshots
of
the
updated
web
UI
just
really
simple
stuff,
but
it
looks
nice.
It
works.
A
You
can
try
it
out
if
you
fake
negative,
the
mode
of
the
release
and
the
github
page
and
I
think
right
now,
I
should
have
a
demo
in
the
next
few
slides.
So
if
you
guys
once
you
use
it,
what
you
can
do
is
just
use
our
github
page.
Our
software
is
actually
open
source,
so
you
can
just
go
to
github
calm
way.
The
network
Rayden
and
I'm
the
releases
webpage
you
can
make
it
a
mode
of
which
are
whichever
really
easy
one.
A
So
after
you
have
the
regular
client,
you
just
need
you
I'll
turn
on
the
web
UI.
We
have
a
button
where
your
press
join
your
network
say
how
many
tokens
you're
actually
once
you
put
in
that
token
network
and
then
ratings
when
I
use
these
tokens
to
manage
connections
for
you
once
you
have
channels
open,
you
can
who's
using.
That
word
make
payments
and,
if
anything
happens,
you
know,
and
you
need
to
have
secured
and
you
need
to
secure
your
tokens.
Launching
the
client
is
going
to
take
account
of
that
for
you
automatically
automatically.
A
A
This
is
just
the
homepage.
This
is
the
visualization
of
the
of
the
tokens,
so
the
wave
rating
works
is
that
we
have
a
token
network
per
token.
That
means
you
make
one
payment
inside
the
talk
network
and
when
you
need
to
actually
make
one
payment
from
one
token
or
other,
you
need
to
rely
on
the
car
on
some
sort
of
exchange
right.
We
don't
have
dictionaries
actually
setting.
A
We
only
make
payments
inside
one
of
the
token
networks,
and
this
is
like
just
listen
in
the
right
of
other
tokens
that
are
available
for
that
smart
contract
and
there
is
a
button,
that's
called,
join
and
and
a
button
that's
called
leave
in
a
button.
That's
called
paid
that
you
can
just
use
to
manage
connections,
so
we
just
joined
a
northward
Network.
If
you
want
you
can
live
or
you
can
pay
and
you
can
obviously
add
new
tokens
to
network
this
is
in
another
view.
This
is
the
channels
or
the
channels
that
are
open.
A
Yeah,
that's
just
a
shortcut
that
used
the
address
of
the
channel
as
a
target.
You
specify
the
amount
of
tokens
that
you
want
to
use
for,
making
the
payment
and
what's
going
to
happen,
is
that
we're
going
to
exchange
all
the
messages.
What
we
call
balance,
boobs
they're,
going
to
provided
proof
of
the
latest
balance
of
the
nodes
of
King
and
up
there
I,
don't
know
if
you
guys
saw
there
was
like
notifications
of
the
payment
completing
yeah,
the
green
one
in
the
in
the
right
side.
A
Is
the
payment
complaining
and
in
the
left
side,
is
the
payment
being
received.
So
that's
pretty
pretty
much
what
we
have
a
new
way.
It's
a
really
really
simple
showcase
of
what
Raven
can
do
and
it's
it's.
We
have
chin
dance
with
that
with
that
UI.
We
want
to
showcase
how
people
are
supposed
to
use
our
recipe.
I
should
build
applications
on
top
because
that's
one
application
built
on
top
of
railing.
A
It's
just
a
standard
single
page
website,
that's
communicating
with
the
radar
node
and
it's
also
nice
utility
for
people
that
want
you
actually
make
payments
with
weight.
So
that's
where
the
dam
was
sorry
for
not
showing
the
live
thing.
It's
working,
I
promise
I
can
show
you
guys
if
you
want
you
with
the
laptop
afterwards
yeah.
A
So
what
are
the
next
steps?
So
this
is
what
we
have
working
pretty
much
all
the
protocol
layers
are
working
right
now
we
are
only
spending
time
testing
and
making
sure
that
we
don't
have
any
serious
bugs
and
in
a
sense
before
we
go
to
do
to
the
minute.
So
right
now
we
are
in
the
red
eyes.
These
are
currently
I
assume
that
we're
working
on.
A
We
have
here
the
four
biggest
features
that
are
implemented
in
the
left
and
we
are
testing
them
so
right
now,
during
red
eyes,
we
are
testing,
make
sure
that
the
software
is
safe
so
that
we
can
go
to
the
minute
and
at
the
end
of
red
eyes,
we're
gonna
have
our
first
may
not
release
should
happen
should
happen
quite
soon
and
we
are
also
starting
external
audits.
We
have
done
a
few
internal
audits
of
these.
My
contacts,
but
they
go
of
the
external
audits,
is
to
be
delayed
for
the
implica
release.
A
A
So
what
else
are
we
gonna
do
after
red
eyes?
We
really
need
to
implement
a
thing
that
we
call
a
monitoring
service.
This
is
called
a
tower
in
the
lighting
Network.
So
right
now
you
cannot
turn
off
the
rating
node
unless
you
close
the
channels,
because
otherwise
you're
trusting
your
partner
to
provide
the
data
that
you
require
on
your
behalf
and
we
don't
have
trust
in
the
system.
So
you
need
to
have
someone
else.
That's
actually
monitoring
your
channels
for
you
and
that's
one
of
the
the
biggest
things
that
we
need
to
implement.
A
We
also
have
to
improve
our
thing:
how
things
work
in
the
routing
on
the
on
the
running
part
of
the
system.
We
call
that
the
routing
problem
and
definitely
availability
problems
in
monitoring
service
and
also
the
auditors,
as
I
mentioned
before
so
yeah,
so
with
the
monitoring
services
and
they
improve
pathfinding
service
that
that's
what
I
would
call
that
that's
very
strategy
for
tackling
the
little
problem
problem.
We
really
want
to
improve
the
usability
of
ready,
because
then
you
can
close
the
debate
in
node
and
do
whatever
else.
A
We
just
rely
on
a
monitoring
service
to
manage
your
channels,
so
just
a
quick
review
of
what
is
the
availability
problem.
The
thing
is:
if,
if
someone
close
the
channel
that
your
participant
in
you
need
to
provide
your
half
of
the
proof
of
the
balances-
and
if
you
don't-
you
lose
money,
so
you
need
to
be
online.
You
need
to
watch
for
the
blocking
and
you
need
to
provide
the
data.
The
other
option
would
be
to
have
a
protocol
that
requires
consensus.
A
We
don't
want
to
do
that
because
that
would
be
too
slow
and
the
the
way
that
we
have
implemented
the
protocol
allows
partial
updates,
so
we
always
need
few
updates
of
the
state
and
we
don't
trust
our
partner.
So
we
require
a
third
party
to
actually
do
the
update
of
this
a
donor
or
behalf.
So
that's
availability
problem.
The
growing
problem
is
a
optimization
problem.
Really
robbery
works
right
now,
but
it's
a
problem.
A
Oh,
we
just
used
local
information
to
decide,
which
is
the
next
hop
that
we're
going
to
use
for
making
a
payment,
and
that's
necessarily
not
the
best
thing,
because
the
next
hope
that
I
see
may
be
a
really
good
one
from
my
perspective.
But
when
I
send
the
payment
to
him,
he
doesn't
have
any
good
routes
forward
right.
A
So
we
need
to
have
either
a
strategy
of
adding
structure
to
the
network
or
a
strategy
of
having
a
global
view
of
this
aid
and
at
first
we're
gonna,
go
to
a
strategy
that
try
to
have
a
global
view.
That's
actually
not
necessarily
possible,
but
if
we
are
gonna
implement
something,
that's
eventually
consistent.
So
we
can
try
to
optimize
the
routing
problem
like
just
try
to
find
a
route
that
hires
has
a
higher
likelihood
of
being
cheaper
and
probably
faster
of
completing
repayment,
because
right
now
we
rely
on
on
some
things
that
we
call
refund.
A
A
So,
right
now
we
have
a
railing
client
that
it's
implemented
in
Python,
and
we
assume
that
people
are
just
gonna
run
in
their
computer
right,
but
that
doesn't
allow
two
people
actually
use
the
client
in
a
mobile
phone
and
that's
pretty
much,
because
we
assume
that
all
nodes
in
the
network
do
mediation
that
doesn't
work
with
mobile
phones
because
they
can
go
online
and
offline
at
any
moment.
So
we
have
availability
problems
and
in
that
sentence
and
improve
things,
we
want
to
implement
a
at
least
decide.
What
are
the
restrictions?
A
So
just
as
a
recap,
we
are
doing
really
incremental
changes,
weekly
releases
bi-weekly
releases
so
that
we
can
provide
bug
fixes
as
fast
as
it's
possible
for
us
and
it
has
been
working
quite
greatly
to
be
honest,
really
good
for
the
developer
perspective
and
I
think
also,
it's
really
good
from
the
user
perspective.
We
also
have
I
didn't
mention
that
there
are
well
I
said
that
we
have
done
a
few
internal
audits,
so
we
have
also
spent
quite
some
I'm
improving
our
specs.
A
So
if
anyone
once
you
implement
a
different
client
that
uses
the
same
protocol,
we
have
the
specs
that
are
right
now,
they're
more
understandable
and
we
have
the
guarantees
of
the
protocol
and
the
requirements
better
laid
out.
That
should
also
be
quite
good
for
external
audits
and
right
now
we
are
working
pretty
much
full
speed
for
finishing
red
eyes
so
that
you
can
go
to
the
main
edge
yeah.
So
here's
a
cure
code.