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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 decentralized platform enables applications to utilize reliable off-chain computation and data resources. This pioneering market network allows participants to profit from their applications, servers, and datasets. Developers can leverage iExec to bypass the constraints of blockchain technology by running their computations on an innovative distributed infrastructure. Meanwhile, providers have the opportunity to earn by renting out their computing power, executing tasks for various applications. Token holders can engage in the cryptocurrency economy, freely trading RLC tokens at their convenience. iExec not only transforms the landscape of cloud computing but also facilitates the trading of cloud resources on a global scale, akin to other commodities. Users can quickly access substantial computing power from providers offering competitive rates. Additionally, iExec provides CLI and JS libraries to assist developers in their projects. By utilizing the iExec decentralized cloud, users can perform ‘off-chain’ computations, effectively addressing the scalability challenges of Ethereum while opening up new avenues for innovation and growth. This shift marks a significant evolution in how cloud resources are accessed and utilized.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Ethereum
Alchemy Pay
GitHub

Integrations

Ethereum
Alchemy Pay
GitHub

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

iExec

Country

France

Website

iex.ec/

Product Features

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