Trinity Biweekly Report — Late June
Technological progress
1. Implementation of HTLC transaction; Trinity team completed the encoding of HTLC transaction process, including the implementation of HT-TX (HTLC Timeout), HED-TX (HTLC Execution Delivery), HTRD-TX (HTLC Timeout Revocable Delivery), HE-TX (HTLC Execution), HTD-TX (HTLC Timeout Delivery), HERD-TX (HTLC Execution Revocable Delivery), which combined are able to ensure the reliability and security of HTLC through these transactions.
2. Construction of NEO token trading contract; Neo uses the UTXO trading model. Based on this trading model, trinity will acquire vin/vout from both sides of the channel to construct trading contract, which are often sent when establishing channels and closing channels. The trading contract is an on-chain transaction process when the channel is closed either upon agreement by both parties or one party is doing evil. This mechanism will finally confirm and protect the interests of both parties.
Since the beginning of this year, Trinity team has been working on the development of trinity-neo-gui, adding more possibilities of scaling to Neo and enriching the community as a whole. We believe that every solid step will make a difference in the future. Stay tuned to our latest progress and welcome to participate in technology construction.
Visit how the techs are done here https://github.com/trinity-project
Send your suggestions to support@trinity.tech
Trinity Telegram Channel: https://t.me/TrinityStateChannels
Official Website: https://trinity.tech/#/
Trinity Github: https://github.com/trinity-project
