Questions tagged [flash-channel]

Flash is a bi-directional off-Tangle payment channel to enable instantaneous, high-throughput transactions.

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70 views

Is it possible to use “Flash channels” to send non-transactional data?

Is it possible to use "Flash channels" to send non-transactional data, A.K.A 'zero-value' transaction type which simply broadcasts a message or data? If so, is it free? And how to do it?
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1answer
103 views

Do we need “micro-payment channels” for IOTA similar to Bitcoin or Ethereum?

Since IOTA transactions are free of fee, so do we need to setup a "micro-payment channels" similar to what we have in Bitcoin? (For example "The bitcoin lightning network" or "Duplex Micropayment ...
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0answers
38 views

Which bundles are attached to the tangle when closing a Flash Channel?

I have a general question about closing a flash channel. My understanding is that when closing a flash channel the final bundle (the transfer from a leaf node/multisig to output addresses) is ...
1
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1answer
33 views

Address sweeper in Flash

If one wants to transfer a big amount to a external recipient, it can happen that you need a lot of input-tx to fund the spending. For each input one has to do PoW so ideally your bundle is as small ...
3
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1answer
75 views

Flash channels compared to Raiden

Can it be said, in a general sense, that Flash channels and Raiden are made for the same purpose? Both function in a way that a prepaid channel is being created and entities within exchange value off ...
9
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0answers
99 views

Flash Channels: Performance Benchmark

Did someone a performance benchmark for the flash channels? I would like to use them in a low latency scenario. I looked into the Javascript Code for it. Seems like they using HTTP 1.1 with JSON ...
4
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3answers
127 views

How can you have side chains and still protect against double spending?

I know one of the goals of Iota is to allow off-tangle transaction, wether that is with side chains or flash channels or some other offline solution. These seperate transaction deliberately do not ...
3
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1answer
290 views

What are IOTA flash channels and how can users set them up?

I have heard that flash channels are a way to make instant transactions off tangle. How does that happen and what is the process for setting up flash channels?
6
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1answer
241 views

Why are transactions so slow?

Right now each transaction takes about 30 minutes or longer. Previously it was said that the increasing number of transactions (even empty spam) are good for the network and are improve the ...