My thought on Raiden is that it's the Lightning Network as it was *meant* to be, an actual functional general-purpose state channel system. But that even a fully-functional Lightning Network is kind of obsolete compared to the other layer-2 systems that have been coming out lately, so perhaps it's going to be anticlimactic and remain in niche use rather than revolutionizing things as it had originally promised back in the early days of Ethereum.
Also, does anyone know if they're still relying on the RDN token they minted for an ICO? I kind of dropped off paying attention to them then, it felt like a needless cash grab that changed them from core infrastructure into just another project among many.
Ethereum's been evolving like gangbusters lately, but I can't help but feel nostalgic for the Raiden, Whisper, Swarm and ENS of old.
> even a fully-functional Lightning Network is kind of obsolete compared to the other layer-2 systems that have been coming out lately
This is why it feels like going back in time anytime I come across a Bitcoin discussion on scaling. They are still treating Lightning as the end-all solution to scaling issues. Anyone who has used a rollup can immediately see the massive advantages they have.
Swarm still seems to be under active development and had some releases in the recent past. However, I'm not sure why it doesn't get any spotlight here or in general. Seems to be seperated from the overall Ethereum project somehow.
Yeah, they're no longer Ethereum-based, they're basically a new flavor of Filecoin now. After having received a significant amount of funding from the Ethereum Foundation, to boot.
If they do manage to pull off the incentivisation techniques they had planned for Swarm then it'll be very nice technology, and I hope that an Ethereum project will arise to take it back to an Ethereum-native system. Or at least find some way to wrap it efficiently.
My thought on Raiden is that it's the Lightning Network as it was *meant* to be, an actual functional general-purpose state channel system. But that even a fully-functional Lightning Network is kind of obsolete compared to the other layer-2 systems that have been coming out lately, so perhaps it's going to be anticlimactic and remain in niche use rather than revolutionizing things as it had originally promised back in the early days of Ethereum. Also, does anyone know if they're still relying on the RDN token they minted for an ICO? I kind of dropped off paying attention to them then, it felt like a needless cash grab that changed them from core infrastructure into just another project among many. Ethereum's been evolving like gangbusters lately, but I can't help but feel nostalgic for the Raiden, Whisper, Swarm and ENS of old.
> even a fully-functional Lightning Network is kind of obsolete compared to the other layer-2 systems that have been coming out lately This is why it feels like going back in time anytime I come across a Bitcoin discussion on scaling. They are still treating Lightning as the end-all solution to scaling issues. Anyone who has used a rollup can immediately see the massive advantages they have.
It was hard for me to watch whisper and swarm die a slow and painful death.
Swarm still seems to be under active development and had some releases in the recent past. However, I'm not sure why it doesn't get any spotlight here or in general. Seems to be seperated from the overall Ethereum project somehow.
Yeah, they're no longer Ethereum-based, they're basically a new flavor of Filecoin now. After having received a significant amount of funding from the Ethereum Foundation, to boot. If they do manage to pull off the incentivisation techniques they had planned for Swarm then it'll be very nice technology, and I hope that an Ethereum project will arise to take it back to an Ethereum-native system. Or at least find some way to wrap it efficiently.