RE: What is the Raiden Network?

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What is the Raiden Network?

in blockchain •  7 years ago 

so its built on top of ethereum. for it to be adopted daps are built on top of raiden?

blockchain
7 years ago by

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      ·  7 years ago 

    µRaiden enables the user to make micropayments through unidirectional payment channels. It uses the Raiden Network's payment channels, and although right now it does not support multihop transfer fees (tokens can only be sent unidirectionally to predetermined receivers) the Raiden Network is going to remove this limitation to allow token transfer between any two parties in the network.

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