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What is Raiden Network?

The Raiden Network acts as an off-chain solution that enables near-instantaneous, cost-effective, and scalable transactions. Its design aligns seamlessly with the Ethereum blockchain and is compatible with any token that follows the ERC20 standard. As a project in progress, it is primarily focused on investigating state channel technology, developing protocols, and creating reference implementations. This network serves as an additional infrastructure layer atop Ethereum, and while the fundamental idea is clear, the complexities of the underlying protocol and its execution are significantly intricate. Nevertheless, developers can navigate these technical challenges and use a user-friendly API to build scalable decentralized applications that take advantage of the Raiden Network. The main aim of this network is to overcome the consensus bottleneck that frequently plagues blockchains. By establishing a network of payment channels, it facilitates secure off-chain value transfers, which greatly reduces the necessity of engaging the blockchain for each individual transaction. As the Raiden Network progresses, it is dedicated to improving the overall performance and efficiency of decentralized finance applications, ensuring that they can handle a larger volume of users and transactions smoothly.

What is Aurora?

Aurora operates as a decentralized application framework built on innovative third-generation blockchain technology, designed to provide powerful blockchain solutions for a wide range of industries. It includes a Blockchain Integration Development IDE that supports multiple programming languages, facilitating teamwork among developers. With features such as multi-party construction, user profiling, and accurate resource distribution, it significantly improves the transfer of valuable assets between traditional and digital economies. The foundational public chain network of Aurora Eco delivers a high-quality technological base that caters to various sectors. With a strong emphasis on superior security and remarkable processing power, it maintains fairness in all its operations. Furthermore, the chain is capable of self-updating in response to community voting results on suggested improvements. It also boasts an open parallel chain network that can adapt to various consensus mechanisms, promoting enhanced innovation and collaboration. This distinctive framework establishes Aurora as a frontrunner in the swiftly changing blockchain arena, attracting interest from both developers and industry leaders alike.

Media

Media

Integrations Supported

Alchemy Pay
Allbridge
Avantis
Bitget Wallet
DEX Screener
Ethereum
FOX Wallet
GitHub
Kryptos
KyberSwap
Minimax Finance
OMNIA
Obvious
OpenBiSea
OpenOcean
Portal Bridge
Sentio
Xircus
tofuNFT

Integrations Supported

Alchemy Pay
Allbridge
Avantis
Bitget Wallet
DEX Screener
Ethereum
FOX Wallet
GitHub
Kryptos
KyberSwap
Minimax Finance
OMNIA
Obvious
OpenBiSea
OpenOcean
Portal Bridge
Sentio
Xircus
tofuNFT

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Raiden Network

Date Founded

2017

Company Website

raiden.network/

Company Facts

Organization Name

Aurora Chain

Date Founded

2018

Company Website

www.aurorachain.io

Categories and Features

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