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Bitfinex Highlights Kaleidoswap Prototype for Millisecond Off-Chain Transfers

The research prototype uses Arkade OS and is designed to move assets without opening a channel first.

A small metal capsule passes beside a closed channel gate / TokenPost.ai
A small metal capsule passes beside a closed channel gate / TokenPost.ai

Bitfinex highlighted a research prototype associated with Kaleidoswap that is designed to move assets off-chain in milliseconds through Arkade OS without first opening a channel.

The prototype is described as research, and Kaleidoswap is a decentralized exchange. Its reported design moves assets off-chain and avoids a channel-opening step before the transfer.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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