Ethereum Scaling Solution Raiden Releases Last Testnet Before Launch

A new test network has been launched for Raiden, the ethereum payments channel project.

Announced at the Dappcon developer conference in Berlin on Thursday, the release features a minimal implementation of the scaling solution that will allow ethereum tokens to be traded on off-chain payment channels.

"It's the first step towards going to the mainnet," Lefteris Karapetsas, core developer of the project, told CoinDesk.

While Raiden saw a testnet deployment late last year, Karapetsas said the new release is an early implementation of the mainnet release itself and features newly rewritten smart contract code and payment channels that are recoverable in the case of an accidental closure.

Presenting the release at Dappcon, Karapetsas urged developers to use the testnet to help discover any potential bugs.

Seeking to bypass some of the scaling hurdles faced by ethereum and other blockchains, the release date for the implementation is not yet confirmed.

The Raiden team plans to remain close to its original promise of a summer launch.

"Until the end of August it's still summer," Karapetsas said.

"Feature-wise the plan is to just launch with the same features that have on the testnet right now."

Going forward, Karapetsas said regular code updates and optimizations will continue following the mainnet release, adding that the software will work in tandem with other scaling technologies toward a more optimized ethereum.