Hey everyone!

Welcome to Weekly Update 97. This week we’ll be covering recent improvements to the Raiden repositories and some community-related activity. Let’s dive in!

Development progress

The development team continued working towards the Alderaan milestone goal. Last week, issues related to unexpected node shutdowns and Matrix synchronization timeout were in focus. In parallel, the team worked on various smaller tasks and optimizations related to the client.

During testing, it was discovered that Matrix synchronization timeout is actually causing unexpected node shutdown. It was decided to try and tackle Matrix synchronization timeout issues by implementing a number of optimizations. Some of which are utilizing cache, processing events in batches instead of one by one and speeding up node startup.

Other important updates in the development progress include the release of the new Raiden WebUI (v0.11.0) and updates to the Raiden explorer.

Raiden community

While Raiden’s development team works hard on polishing out few remaining open issues in the Raiden codebase before the Alderaan mainnet release, the wider blockchain developer community already started mapping out cool use cases for the technology Raiden will provide. A couple of projects which weren’t mentioned before are Hub20 and Ofex.

Hub20 is a very-early stage open-source, a self-hosted online payment solution that can be considered as the Ethereum equivalent of BTCPayServer payment gateway, allowing users to collect payments in Ethereum and any ERC-20 token. It plans to integrate Raiden, to give their users an option to send and receive ERC-20 tokens with near-zero fees.

Ofex is a protocol for derivative contract and cryptocurrency trading. More details about the project can be found in this presentation and the project’s wiki.

Conclusion

To finish this Weekly Update, we’ve followed the Raiden client improvements and WebUI release. Beyond that, we’ve seen community development which will help grow the Raiden Network ecosystem. We’d like to wish everyone happy holidays, don’t forget to comment if there’s something regarding this update that you’re curious about or the Raiden Network in general. We’ll see you again before the end of the year.

Cheers!