(machinomy, sorry, my spellchecker took over)
does anyone know how they compare to ethcale?
@aykesubir Machinomy does unidirectional channels for Ether and ERC20 tokens. When I was looking around for Ethereum micropayment libraries I was comparing them and was disappointed to find that microRaiden uses its own token rather than letting you use any one you want (see https://github.com/raiden-network/microraiden#tokens-and-channel-manager-contract). Raiden uses a more complex multi-hop design, but as far as I know isn't released yet
For example are the funds released immediately upon a cooperative close of channel? (unlike lightning for bitcoin, to the best of my knowledge). Furthermore, is Machimony an implementation of a general state channel specified for payments, or what I've seen that spankchain have developed (https://github.com/SpankChain/general-state-channels) is a generalization of your work?
Sorry for q bombing
Sorry for q bombing
If I'm not mistaken, I believe Machinomy is the library Spankchain is actually using (https://medium.com/machinomy/explaining-vynos-91f73eeb133a).
I think @ukstv was planning to implement bidirectional channels but not sure if that's still on the roadmap (I'd argue that's an optimization that's only really useful if a) the network fees are super high and b) the use case actually involves balanced flows that can net out)
Since the channels are unidirectional, the receiver can always claim the funds they are owed (see https://github.com/machinomy/machinomy-contracts/blob/master/contracts/Unidirectional.sol#L118-L125). It's only the sender that has to wait before getting their money out of the channel
(That's actually a nice part about unidirectional channels)
@aykesubir which demo is that? the one from https://github.com/machinomy/machinomy/tree/master/examples?
:) so then during https://github.com/machinomy/machinomy#set-up you will have configured the database options, i think?
ok, i have the same problem on my machine (just that i have the path
/Users/michiel/.machinomy/storage.db)
with that demo, i also noticed it tries to connect to http://playground.machinomy.com/hello but that host is down
that's why i ended up trying the examples
geth --testnet --rpc
you need tsc installed to compile typescript to javascript for node (or some other way to run the typescript code)
@michielbdejong Thanks! :)
i wasn't able to sync geth to the testnet myself, so can't try it here. i tried with infura.io, but failed
In case you're having trouble compiling the examples, here are compiled server.js and client.js from machinomy v1.7.9: https://github.com/michielbdejong/machinomy/tree/mj-compile-examples/examples
i have ganache runninng
