Raiden

Name

Raiden Network

Description

Use Raiden to enrich your dApp with nearly instant, low-fee and scalable payments. It comes with an easy-to-use API and is compatible with the Ethereum ERC20 token standard.

Consensus Type

Local consensus between nodes in a payment channel

Tx Cost

No gas cost applied on transfers as it is an offchain technology.

Average TPS

No average TPS, but scales linearly based on the amount of users independent of the underlying blockchain

Finality Time

Instant

Governance/validator Token

no

Transactional Token

Any ERC20 token

Resources

Website

Github

Developer Docs

Social Media & Community

Twitter

Blog

YouTube

Gitter