Karma - A Deterministic State Channel Implementation for P2P Resource Streaming on the Ethereum Network.
The Ethereum network allows for decentralized value transfer between any two peers without an intermediary party. Cool. But each transfer or contract excecution costs GAS. What if we'd like to perform 1K transfers in a minute?
The FINNEY mobile device will allow any two users to share resources between them. They can share their WiFi connection, data plan, battery... But if each transfer costs GAS, then how do we avoid the high transfer costs?
That's where state channels come in! Instead of performing all transfers on-chain, we'll open a Karma channel between the two FINNEY devices. This will allow them to send an unlimited amount of transactions, free of GAS, between themselves via an off-chain message-based protocol. They'll only need to pay for openning the channel and the occasional withdrawal of funds.
And now, the science.
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- Install truffle:
sudo npm install -g truffle. - Install ganache.
- run
npm installfrom repo diretectory.
- Ethereum Node Emulation: Run ganache (also possible to excute
truffle developin another window). - Deploy contracts:
truffle deploy --reset.
- Contracts:
truffle test. - Karma:
npm test.
export DEBUG=karma:*
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