Hey everyone!

Welcome to Weekly Update 93. This week we’ll be focusing on some wider community developments related to the Raiden Network. Of course, the usual GitHub development that we always cover, comes on top of that. Let’s dive in!

OpenDEX BOLD specification

OpenDEX is a global network for P2P trading of cryptocurrencies and tokens. At its core, it is a set of open protocol specifications, called BOLD (summary). These specifications ensure that OpenDEX implementations remain compatible and users of different software implementations can trade with each other.

In a sense, the idea is comparable to BOLTs for Lightning Network although instead, it’s a DEX specification that projects can use to implement to be compatible with one another to create one global trading network linking L2 Bitcoin and L2 Ethereum.

Development progress

During the last week, the Raiden development team continued progressing towards the Alderaan milestone goal. The beginning of the week was dedicated to identifying and resolving all the remaining bugs and issues related to Matrix transport inside the Raiden client. Currently, fixes are being tested and it looks likely we’ll see another release candidate once the fix is verified.

A few smaller improvements are left to be dealt with in the upcoming week. Additionally, inside the Raiden client repository, the development team worked on documentation, testing infrastructure and removing unused parts of the codebase.

Inside the light client, the development team worked on integration with the Pathfinding Service, easy token minting, and bug fixes.

Conclusion

To wrap up this Weekly Update, challenges leading up to Alderaan (especially revolving transport) seem to have been the focus and are likely to have been fixed. Once those fixes have been verified we’ll likely see a new release candidate that should be significantly more reliable for transport than the current RC (Aloof Alpaca) and with more features added which have progressed in parallel. As always, thank you for reading and please don’t forget to leave a comment if there’s something you’re curious to learn more about this update or Raiden Network in general.

Cheers!