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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.

Description

A Starname serves as a unique identifier that you can adopt in the blockchain ecosystem, functioning as your universal username. This versatile name not only allows you to receive cryptocurrencies but also helps you manage digital assets through your Starname profile, facilitating quick, simple, and economical transactions using blockchain technology. The basic version of Starname is available for free if you sign up with a Gmail account, but you also have the option to register a basic domain for a fee of 1.4 IOV. These fees play a crucial role in supporting the efforts of validators and Starname advocates who contribute to maintaining the decentralization of the service. An open domain grants you complete ownership, ensuring that it cannot be altered or controlled by anyone other than the owner, such as the example "thewizard*iov," which remains unchangeable despite its association with IOV. The primary revenue for the blockchain comes from the sale and renewal of Starnames, with the earnings being distributed among delegators and validators. Furthermore, these product fees enable the Starname (IOV) blockchain to achieve a sustainable model with zero inflation. By utilizing a Starname, users are not only enhancing their digital identity but also contributing to a decentralized financial ecosystem.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Alchemy Pay
Ethereum
GitHub
Gmail
IRISnet
Telegram

Integrations

Alchemy Pay
Ethereum
GitHub
Gmail
IRISnet
Telegram

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

Raiden Network

Founded

2017

Website

raiden.network/

Vendor Details

Company Name

Starname

Website

www.starname.me/

Product Features

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Alternatives

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