Lightning Network (or Raiden, a very similar idea) for Elastos

Needed components:

  • Carrier for secure P2P communication
  • Hive for channel state storage, which is important in the event of a contentious channel closure
  • programmable sidechain for timelocks
  • multi-sig function in the wallet.

Why would we need Lightning Network on Elastos?

For a very good privacy.
Nothing is saved on the public blockchain except the opening and closing of the channel, communication between Carrier nodes is free of surveillance.
It would be possible to relieve the main chain (and also sidechains) from excess transactions.
The system could handle not only monetary transactions.
Tokens and any tokenized goods may also be subject to LN transactions.