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TECHNICAL_OVERVIEW.md

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Parsec

Technical Overview


Building a web-scale state channel based on the existing web technologies used by large Internet companies like Uber, LinkedIn or Netflix for the Internet of Value. A web-scale solution for State Channels is needed to enable a layer of value transfer to the internet. Other proposals for State Channels include Raiden for Ethereum and Lightning Network for Bitcoin. However, we intend to leverage existing web-scale technologies used by large Internet companies like Uber, LinkedIn or Netflix.

Contains the Parsec specification and an implementation of protocol using Apache Kafka.