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Raiden Network

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Liechtenstein

Founded in

2000 (25 Years)

Founded

Last online: No recent activity

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2 Reviews

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2.65/5

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2.67

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Company Information

Get to know Raiden Network

The Raiden Network is an open-source protocol that provides an off-chain scaling solution for ERC20 token transfers on the Ethereum blockchain, conceptually similar to Bitcoin's Lightning Network. Its mission is to enable near-instant, low-fee, and scalable payments, overcoming Ethereum's inherent limitations in transaction throughput. The project was one of the earliest and most well-known "Layer 2" solutions, developed by the German company brainbot labs Est. to facilitate micropayments and bring blockchain technology closer to real-world usability for everyday transactions.

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Industry

  • Technology Software DevelopmentPRIMARY
  • Crypto Cryptocurrency
  • Financial Other Service

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BridgerPay

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Nafisa Garba

Nafisa Garba

Direct review

Excellent

Overall Thought

"Raiden Network has truly transformed my crypto experience. As an avid Ethereum user, their lightning-fast transactions and scalability solutions have alleviated the long-standing congestion issues. The seamless integration into my existing wallet made the transition smooth. I'm now able to send and receive payments with negligible fees and minimal wait times. Raiden Network's commitment to enhancing the blockchain's efficiency is undeniable, and it's undoubtedly become an integral part of my crypto journey."

Thg 08 31, 2023
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ganeshsingh142142

Direct review

Great

Overall Thought

Raiden Network Review: My experience with Raiden Network has been a crypto journey like no other! ๐Ÿ’ผ When I first dove into their lightning-fast transactions, I was amazed. โšก๏ธ The speed and efficiency are like a breath of fresh air in the crypto world! ๐Ÿ’น๐Ÿ’ฐ However, there's a twist. Understanding their technology can be a bit like trying to decipher a secret code ๐Ÿงฉ; it's a real brain-teaser! ๐Ÿ˜…

Thg 08 31, 2023
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