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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
Every day, countless transactions occur on the blockchain, yet individuals must compromise their privacy since anyone with access to their address can view their complete financial history. To address this issue, Suterusu has developed a trustless and universal Layer 2 privacy-protection protocol called Suter Shield, which effectively separates the sender's and receiver's addresses to ensure comprehensive protection of transaction data through sophisticated cryptography. The design effectively delinks the addresses entering and exiting Layer 1, providing total privacy for both user identities and transaction specifics within Layer 2. Additionally, Suter Shield incorporates an advanced ZK-ConSNARK scheme that features a proof size that remains nearly constant, alongside efficient proof generation and verification processes. This innovative approach not only enhances security but also promotes greater user confidence in blockchain transactions.
API Access
Has API
API Access
Has API
Integrations
Ethereum
Alchemy Pay
BNB Smart Chain (BSC)
Fantom
GitHub
MetaMask
Polygon
Integrations
Ethereum
Alchemy Pay
BNB Smart Chain (BSC)
Fantom
GitHub
MetaMask
Polygon
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
Suterusu
Website
suterusu.io