Almost-instant transaction speeds, extremely low fees, turing-complete smart contracts
Traditional blockchain fees and confirmation times are simply unacceptable. Cryptocurrencies are highly volatile, and just in the time that it takes for a transaction to confirm, prices often change. This instability puts users, merchants, and financial institutions at a grave disadvantage.
Unsatisfied with the existing solutions in the marketplace, TokenPay set out to create a new blockchain technology that would solve these issues.
Infinitesimal Protocol is a highly-scalable decentralized network of multiple bidirectional payment channels that uses Hashed TimeLock Contracts (HTLCs) and cross-chain atomic swaps to allow for near-instant transaction confirmations at incredibly low fees. It also incorporates turing-complete smart contracts, running on a sidechain, which allows for programs to be ran on the Bitcoin-based blockchain.
These smart contracts combine the ease-of-use that the Ethereum blockchain is known for, with the security and privacy that the Bitcoin blockchain offers.