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Connext Network

MONTHLY RECURRING

51 DAI

of 3,000 DAI goal

TOTAL FUNDED

6,556 DAI

inc 1606 DAI (CLR 1 / 2)

Connext is free, open source, p2p micropayment infrastructure, built using payment channels on the Ethereum blockchain. Payment channels are a Layer 2 scaling technology that enable offchain payments between two parties, using the chain itself as a transaction settlement layer. This paradigm offers a solution for UX issues caused by latency and/or cost. Additionally, it enables up new payment patterns such as micropayments that were previously inefficient or costly at scale. This fund will be allocated to hire new developers to speed up the implementation process. Read more about payment channels and Connext: https://github.com/ConnextProject/docs/wiki
2019 September 19 - Gitcoin's Virtual Hackathon series has distributed over $400k to hackers across the world. Learn more