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  • China youbi digital assets limited

  •  [Taiwan,China]
  • Business Type:Manufacturer , Other , Service , Trade Company
  • Exporter:1% - 10%
  • Description:RDN Raiden Network,RDN Raiden Network Price,RDN Raiden Network Quotation
China youbi digital assets limited

China youbi digital assets limited

RDN Raiden Network,RDN Raiden Network Price,RDN Raiden Network Quotation

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Home > Products > Currency Exchange > Raiden Token Coin Price
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Raiden Token Coin Price

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Product Description

The Raiden Network is an off-chain scaling solution, enabling near-instant, low-fee and scalable payments. It`s complementary to the Ethereum blockchain and works with any ERC20 compatible token. The Raiden project is work in progress. Its goal is to research state channel technology, define protocols and develop reference implementations.


Scales linearly with the number of participants


Transfers can be confirmed within a subsecond


Individual transfers don`t show up in the global shared ledger


Works with any token that follows Ethereum`s standardized token API (ERC20)

Low Fees

Transfer fees can be orders of magnitude lower than on the blockchain


Low transaction fees allow to efficiently transfer tiny values

Use Cases

The obvious use case for the Raiden Network is payments. Currently, the global payments industry generates roughly $2 trillion in revenue annually - and it`s growing.

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