REAL-TIME PAYMENT BLOCKCHAIN

GRAFT Weekly Development Status Update December 3rd, 2018

Hi everyone, this is our brief weekly update on GRAFT development activities.

Last week, the core team was working on client release 1.13.2, RTA alpha bug fixing, and design of RTA protocol improvements. We are going to release those designs first in a form of RFC (request for comments) so the entire community could review and approve the ideas and make the design even more solid.

While the core dev team is focused on RTA, the client applications team is working on online (ecommerce) payment module and ETH pay-in broker. Although we have already implemented Bitcoin pay-in broker, Ethereum blockchain is very different from Bitcoin, which requires a different design of the exchange broker transaction flow. Unlike Bitcoin, Ethereum does not support multiple wallet addresses, and, unlike GRAFT, it does not support “built-in” payment IDs, so the broker must use a pool of wallets to accept multiple payments simultaneously. The goal is to enable , GRAFT pay-in broker support for most typical blockchain schemes, so adding a new crypto asset to the list of supported payment types will become a seamless task.

Finally, we’ve also been working on forward thinking wallet redesign with lots of (what we think are) super cool integrated features – we’ll be sharing that with you shortly.

Happy GRAFTing!

About GRAFT Project

GRAFT is a blockchain based payment processing network the functions similarly to a credit card processing network with off-chain authorizations and in-network atomic swap based interchanges. The network is completely decentralized, able to work cross borders and adapting to local regulatory environment. In addition to decentralization, GRAFT solves four biggest problems that exist in cryptocurrency at a point-of-sale today – privacy, speed, fees, and integration. Technically, GRAFT Network is a two layer (proof-of-work and proof-of-stake) blockchain with proof-of-stake based authorizations and economically incentivized participation with opportunities for mining, authorizations, in-network exchanges, gateway hosting, merchant services, etc.

GRAFT is open-platform, open-source, community-driven project.
Opportunities are available to invest in GRAFT project with additional funds going towards marketing, liquidity (exchanges), additional dev resources, and new initiatives. If you are a qualified (accredited) investor who’s interested, please contact us at invest@graft.network and we will work to match you up with an appropriate investment option.

And of course we will never say no to project donations, providing you with lots of karma points (and an honorable mention on GRAFT site). To donate please send an email to info@graft.network and we will generate a unique donation address for you.

© 2019 Graft Blockchain
GRAFT Blockchain is an open source, de-centralized, open-platform, community project with no explicit warranties or support from GRAFT Foundation. Play a part in payment revolution!