STK Progress Update: July 06, 2018

STK Token
STK Token
Published in
1 min readJul 6, 2018

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It’s a short week on both sides of the borders (Happy Canada Day / Fourth of July!), but despite the holiday we’ve still made a ton of progress this week. If you’re not already following STACK’s social channels, it’s a good time to join the community — big things are coming, including a brand new office and a slick new website. Check it out and join the conversation. In the meantime, here’s what we’ve been working on over the last couple of weeks:

Recent Progress:

STK Smart Contract:

  • Multi-token payment channel

Server:

  • Integrated the multi-token payment channel in the backend

Design:

  • Second iteration of the multi-token payment channel design finalized

Research:

  • Implementing payment channels for bitcoin
  • Integration of the lightning network
  • Bitcoin libraries such as bitcoinj and lightningj

What we’re working on now:

  • Internal audit for multi-token payment channel
  • Developer blog post
  • Bitcoin payment channel implementation

That’s it for this week, we’ll see you in two weeks with more progress to report! As always, you can join the conversation anytime on Telegram, Twitter, Discord and Reddit. Enjoy your weekend!

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STK Token
STK Token

A new cryptocurrency for instant payments at point of sale.