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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

Introducing a novel platform for blockchain and smart transactions that prioritizes user-friendliness, efficiency, and security. Our vision is that using cryptocurrency should surpass the simplicity of cash, be more secure against loss, and be nearly impervious to theft. We aim to empower anyone interested in validating transactions to participate in farming without the need for specialized hardware or incurring high energy costs. Developed by Bram Cohen, the creator of BitTorrent, Chia Network offers a blockchain and smart transaction platform that features the first innovative Nakamoto consensus algorithm introduced since Bitcoin’s inception in 2008. This system utilizes Proofs of Space and Time, which are significantly less energy-consuming than traditional "proofs of work." Additionally, Chia introduces Chialisp, a powerful and secure on-chain programming language that enhances the ease of cryptocurrency usage compared to cash. Current smart transaction offerings include features such as Colored coins, rate-limited wallets, and distributed identity solutions, paving the way for a more accessible digital currency experience. The potential applications of this technology are vast, promising to redefine how we interact with digital finance.

Description

The Raiden Network serves as an off-chain scaling solution that facilitates almost instantaneous, low-cost, and scalable transactions. It is designed to work in harmony with the Ethereum blockchain and is compatible with any token that adheres to the ERC20 standard. As an ongoing project, its primary focus is to explore state channel technology, establish protocols, and create reference implementations. Positioned as an additional infrastructure layer atop the Ethereum blockchain, the fundamental concept is straightforward; however, the intricacies of the underlying protocol and its implementation are notably complex. Despite these challenges, developers can simplify these technical aspects and utilize a user-friendly API to create scalable decentralized applications that leverage the Raiden Network. The core objective of this network is to bypass the consensus bottleneck commonly associated with blockchains. This is achieved through the establishment of a network of payment channels, which allows for secure off-chain value transfers, thereby minimizing the need to engage the blockchain for each transaction. As the project continues to evolve, it aims to enhance the overall efficiency of decentralized finance applications.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Alchemy Pay
Ethereum
GitHub
Netdata
Ozone Wallet

Integrations

Alchemy Pay
Ethereum
GitHub
Netdata
Ozone Wallet

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Chia Network

Founded

2017

Country

United States

Website

www.chia.net

Vendor Details

Company Name

Raiden Network

Founded

2017

Website

raiden.network/

Alternatives

Alternatives

Meter Reviews

Meter

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