Hey all,
I’m interested in building payment channels on Cardano, but I don’t want to reinvent the wheel if there are already others working on this. I’ve seen IOHK has a few research papers on the subject, but I haven’t been able to find information online regarding implementation details. Does anyone know what the best resources are for finding this information?
is this topic related to layer 2? Enter the Hydra: scaling distributed ledgers, the evidence-based way - IOHK Blog
Thanks for the response @laplasz. Yes, I am referring to Layer 2. I’m interested in Hydra but it strikes me as quite ambitious and I’m not aware of any delivery dates, which is why I want to look into Payment Channels specifically. I view payment channels as a building block in the same evolution of off-chain scaling.
I’ve been playing around in the playground to 1) learn Plutus and 2) understand what a payment channel would look like conceptually. There are many pieces missing missing but feel free to take a look: GitHub - brh28/cardano-payment-channels: Simple Payment Channel implementation(s) using Plutus
Payment channels on Bitcoin are bi-directional (Alice can pay Bob and Bob can pay Alice). The contract above is for a uni-directional payment channel which I believe simplifies the problem and reduces the need for time-locking - though likely requires more on-chain settlement.
But I’m curious if anyone else in the Cardano community is interested in similar work