Hey everyone!

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Welcome to Weekly Update 36. This week we’ll be covering the latest Medium update from the team. We’ll also check out the details of the latest Raiden Network testnet snapshot and how development is progressing in general. We’ll finish off by going into potential events Raiden Network is interested in coming up in October.

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Latest Medium Update

In parallel to preparing everything for the new weekly Testnet release, the Raiden team released a short Medium article informing us about their plans for the Red Eyes release. This latest article is a follow up to the previous one which detailed the current development status and when we can expect to see Raiden on the Ethereum Mainnet. If you happened to miss the previous Medium article (link), I recommend reading that first so you can better understand the latest update.

The development team already stated that their top priority is a releasing a product that works and that they’ll take any actions necessary to ensure that Raiden doesn’t contain any critical bugs before releasing it fully on the Ethereum Mainnet. In order to minimize the potential loss of funds in the Red Eyes release, fund limits and a deprecation switch will be imposed.

The only available token network in the Red Eyes release will be WETH and sum of deposits across all the channels will be capped at 250 ETH. If you are not familiar with WETH you can learn everything about it here. Furthermore, the maximum deposit in a payment channel is capped at 0.15 ETH or in other words 0.075 ETH per direction/node. I would like to point out that the limits chosen for the Red Eyes release don’t have any deeper meaning for the Raiden protocol. They were chosen based on what development team think is enough to simulate a live network whilst mitigating risk.

The deprecation switch will allow to close down the Red Eyes release. Explanation in the article

Is very detailed so I recommend reading it from there. The article can be found via this link.

The last thing I would like to say is that all the features mentioned in the article were already implemented and are currently being tested.

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Raiden v0.12.0 - “Mila 23”

Mila 23 is the latest weekly Testnet release. It’s a result of a hard work by everyone in the development team but Lefteris and Ulrich stayed in the office late in the evening on Friday to make it happen.

In terms of features, the biggest novelty is a new endpoint in the REST-API that will enable elegant querying of all unsettled channels in a token network for a node. Significant progress was made in further expanding Scenario Player (custom testing tool explained in Weekly Update 35) capabilities. By working on the Scenario Player and tests in general, the development team was able to find several minor bugs which they already solved.

As a part of the Mila 23 release, better documentation for some functionalities in code was added as well as parts of the documentation explaining limits that will be imposed in the Red Eyes release.

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Development progress

When Scenario Player was first introduced it was missing some handy functionalities and only a few basic real life scenarios were implemented. Over the past two weeks the development team improved it significantly and many real life scenarios were added. There are still some scenarios they’re working on, but we can expect them to be added soon.

A new milestone, Red Eyes Testnet 13, was already created and a number of issues were added to it. Looking at the issues currently added, we can see that infrastructure and documentation improvements, scenario player and few minor bugs are what team will be focusing on in the upcoming week.

The good news is that with every week of testing fewer bugs with lesser severity are being discovered. Stress testing and automatic deployment which were troubling the development team in the past are now stable and working correctly.

On top of everything going on, the Raiden team decided to participate in Hacktoberfest 2018. Hacktoberfest is an incentive by Digital Ocean (big hosting service), Github and twilio in which if you contribute to open source projects you have chance of winning a T-shirt.

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Conclusion

This week we were updated on more details of what we can expect once Raiden Network is released on Ethereum Mainnet. The team added significant improvements to the REST-API and included that in the latest snapshot release (Mila 23). A quick thanks as usual to you guys for supporting the update! And of course anyone contributing. If you have any questions don’t hesitate to ask I, or /u/mat7ias, will answer the best we can.

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Cheers!