Topic: [ANN] [RDN] Raiden Network: Welcome to the Ethereum Lightning Network 🔥 - page 11. (Read 11486 times)

Is this the-doctor  scamming dev from Signatum(Doctor) ?
https://signatum.org/

Where is team ?

i sold all my rnd in 1.5$ ......

How did you read a whitepaper that doesn't exist?

Are you from the future?

From https://raiden.network/faq.html

Transaction fees

Using blockchains is expensive. Once a blockchain hits its limit, paying high enough fees to be included in a block becomes a competitive endeavor, as is the case with Bitcoin today. Ethereum will be no different, eventually leading to even higher confirmation times and transaction fees on the order of a few dollars per transaction. For the vision of a global, decentralized, and dependable computer this is highly detrimental.

Raiden Network transfer fees will be several orders of magnitude lower than on-chain transaction fees. Instead of paying for global consensus, you only pay for forwarding peer-to-peer consensus. Low fees allow for a long tail of new use cases which have not been practical before due to high transaction costs. Especially IoT and the Machine-to-Machine economy depend on being able to transfer tiny values. Raiden aims to be the predominant payment layer for these applications.

And...

Are there fees in the Raiden Network?

Yes, there are two kinds of fees in the Raiden Network:

Protocol level fees
Peripheral fees

Protocol level fees are necessary to keep the payment channel network balanced. Nodes will use fees to prevent their channels from being depleted over time. These fees will be comparatively small and be denominated in the token that is transferred in the channel.

Peripheral fees will be payable to services in the network that, for example, assist with finding a path with sufficient capacity or services that provide channel monitoring services for offline users. Users running these services themselves will not need to pay these fees but can earn them instead. It is assumed that >95% of all nodes on the network will be light-clients happy to pay tiny fees for the convenience of not having to run the full stack of services.

Someone can help me? I read white paper and could not understand why this token is necessary and what it differs from any other ERC-20 of a token in? 

The Raiden protocol, does not use own token in the operation?

µRaiden is being launched later this month.  Many DAPPS have mentioned how they plan on utilizing µRaiden in their whitepapers because it will increase both efficiency and responsiveness of payments.

The Raiden Network is still being developed, but will allow many-to-many payments and will give the raiden token utility as it will be utilized for payments.

Additionally, the Raiden team is working on Raidos, which is Raiden 2.0.  Raiden 2.0 is the Raiden teams answer for generalized state channels, which will allow transactions between any smart contract.

Furthermore, as stated above, Raiden is also working on RaidEX, which is a decentralized exchange that the Raiden team is working.  While there are not many details at this time, regarding this project, it may give the Raiden token additional utility.

This is a great project.  Given that Raiden is exactly what the ethereum ecosystem needs, I feel as if early investors in this project will be very satisfied with their investment.  For those of you who missed out on the ICO, don't feel down, because there were many restrictions that limited the amount of Raiden that could be purchased during the ICO.  A lot of people will instead purchase on the secondary market.  Personally, anything under a $100M market cap is an absolute steal in my opinion.

There is plenty of FUD out there regarding Raiden, as people are asking redundant questions like why is it necessary if Plasma is being developed?  Well first of all, Plasma is being developed, and secondly, anybody that has taken a look at Plasma's whitepaper (https://plasma.io/plasma.pdf), could simply reference page 13 and see a chart showing "lightening" built on top of Plasma.

People that are familiar with Raiden will realize that Raiden is essentially the same thing as lightening, meaning that Raiden and Plasma will compliment one another.

There is massive upside.  Please do your own research.

They all serve different purposes.  

Specifically to Raiden, Raiden will help Ether scale by allowing transfers that are verified on the blockchain initially, and then routed offchain until it reaches its final destination, onchain, to complete the transaction.  Since the transaction is only verified onchain, you can be assured that nothing has been modified or changed in the smart contract.  As Raiden scales, transaction speed increases and the cost to use the Raiden network falls.

Raiden has a competitive advantage as the lowest cost provider and having the lowest latency, effectively giving it a blue ocean strategy, if it manages to deliver.

Considering that Raiden is about to release uRaiden, which is a one-to-many payment protocol process on Nov 28th, which can be verified at Raiden's github, it gives a lot of confidence that Raiden will deliver on its promises.  It is currently in the process of an audit, which started on Nov 14th.

Additionally, RAIDEX is an exchange that the brainbot developer team (the Raiden team) is working on which will likely be a direct competitor to 0x.

I read that Mainet will launch later this month, any information about this roumor is it true? I bought some but the price fell down little bit, so to now what to expect

Raiden is about scalability of Ethereum. Also in my opinion this is one of the bottlenecks concerning mass adoption.
The other two projects are about other purposes, not saying that they are bad. There are also some more reasons why RDN is very interesting like no marketing,
ico debate, ... they were shown up on very good steem articles already.



0,66$



RDN went constantly up the last days. Just today Bitcoin had a new ath so it is just normal that alts take a little correction.

Why is this coin price going down and not up?  Seems I shouldn't of bought over $2

Anyone know what was price during iCO?

But anyways this project has lots of potential and will only grow even more.

What makes you think Raiden will be the most succesfull? just trying to understand your reasoning.

RAIDen by far

I'm curious as to which one of these projects has the most potential... Raiden, 0x or Kyber?

Is next week the release? I red somewhere that in November the Network and Applications will be available but cant find it anymore. YOu guys have some news?
Is a Telegram group available?

Good info here thanks for sharing

Check the official site here https://raiden.network at the top right there is BLOG and all the other social media links too.
They're low key and no hype.  CrushCrypto and another source say this can be 1 Billion$ market cap and I believe it can since it's been in development for 2+ years.
They're launching micro Raiden for smaller transaction on the Main net end of November this month, notice I said Main net not test net.

It's pretty surprising this one is not getting much attention but good for everyone here who still wants to get in early on a great and real project.
Check out how micro Raiden is used to control a Robo remote control car with micro Raiden transactions.  Instant speed and very cool at Devcon 3.
This can make Ethereum work lightning fast to the order of magnitude of 1,000,000 transactions/second!

Robo video controlled by micro Raiden (RDN)
https://www.youtube.com/watch?v=SNzc04wh7so&t=19s

Do they plan on doing marketing soon?  Where can we see updates from the Raiden team themselves about the project?

https://steemitimages.com/DQmQJyJKexUfA3R8TpjT9XRikmDWv6bYrtJBnqYkV3SN8NJ/ima_07c2fe8.png

https://github.com/raiden-network/microraiden/milestone/2

It's confirmed now that uRaiden is due to be released by November 28th.
Internal audit for smart contract: November 14th.

External audit for smart contract: to be determined.

Internal audit for proxy + channel manager code: November 24th.

This news just started to spread from the official Riot chat:

https://riot.im/app/?#/room/#raiden-network:matrix.org

It's not yet out to the wide public because it was spotted on their Github!
Raiden team is not doing any marketing at all yet.

It might ignite a parabolic move when the news is out to the wider public.

Look at this perspective:

https://steemitimages.com/DQmXw6rMECt6Q1PnmPn5FR1mXcQ5HUEbBqWGa3mXYBMCzKd/Screen%20Shot%202017-11-15%20at%2010.32.56.png

This is OmiseGo chart of first week of trading.

Now take a look at Raiden:

https://steemitimages.com/0x0/https://steemitimages.com/DQmbspQxkkdRjeaYck2PDPyWtj9TD916gXmKxNpwekQ2aJF/Screen%20Shot%202017-11-15%20at%2011.26.30.png

Looks good, especially in the lights of what bitcoin is suffering from today, i think time for highly scalable and low cost transfers is now. I support more of eth based projects now.

That is great news. I am trying to realize that this could go high as top 5 marketcap coins. This tehcnology is so disruptive is the essentce of the future growth of all ERC20 projects and Ethereum