Raiden Network Token - Fast, Cheap, Scalable Token Transfers For Ethereum
The Raiden Network is an off-chain scaling solution that is compatible with ERC20 tokens and works as a layer on top of the Ethereum blockchain. It enables fast, low-fee, and scalable payments‚ much like the Lightning Network does for Bitcoin. The idea is to avoid ‘blockchain consensus bottleneck’ by leveraging a network of payment channels for every transfer.
One of the many newer tokens on the blockchain, Raiden Network Token was added to CoinMarketCap in November 2017 where it started trading at $0.92. The marketing for this project is fairly quiet, but they were present at the Berlin Ethereum Meetup in late January.
Go network (GOT)
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