Velcron (cryptocurrency)

Velcron (cryptocurrency)

Velcron is a decentralized cryptocurrency exchange utilizing state channels with multiple participants.

Velcron is a decentralized cryptocurrency exchange utilizing state channels with multiple participants that was headquartered in Hong Kong, Hong Kong and was founded in 2017 by Kenta Iwasaki. State channels are required to be opened and closed on the Ethereum blockchain between to trading parties for a fee. When state channels are open between two parties they are referred to as deferred state deltas that are propagated off-chain and can perform an unlimited amount of transactions quickly and for very low fees.

Timeline

People

Name
Role
LinkedIn

Kenta Iwasaki

Founder

Further reading

Title
Author
Link
Type
Date

Velcron: Introducing multi-party state-channels.

Kenta Iwasaki

Web

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

References

Golden logo
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