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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 Base?

Base serves as an economical and secure Layer 2 solution for Ethereum, specifically tailored for developers who want to broaden web3 access to a billion users. By leveraging Ethereum’s core security, it ensures the crucial scalability and safety required for decentralized applications, while allowing smooth transitions from platforms like Coinbase, Ethereum Layer 1, and other compatible ecosystems. Developers benefit from utilizing the Ethereum Virtual Machine (EVM) environment at a dramatically lower cost. In addition, users can experience early access to cutting-edge Ethereum functionalities such as Account Abstraction (ERC4337), intuitive developer APIs for gasless transactions, and advanced smart contract wallet features. Constructed on the open-source OP Stack from Optimism, Base streamlines the integration process for decentralized applications with Coinbase’s range of products and vast distribution network. With seamless Coinbase integrations, accessible fiat onramps, and links to the Coinbase ecosystem—which includes 110 million verified users and $80 billion in managed assets—Base stands out as a prime platform for developers eager to enhance their visibility and efficiency in the web3 domain. The array of features offered by Base not only appeals to developers but also fosters an environment ripe for innovation within the decentralized landscape, encouraging a new wave of creative applications and services.

Media

Media

Integrations Supported

Ethereum
Birdeye.so
Chainfulness
CheckDEX.xyz
Coast
Flooz
GaiaNet
Gem Wallet
Kado
MetaMask
Orbiter Finance
Parsec
Rainbow Wallet
Rally
Rootstock
Sensay
SushiSwap
Swoop Exchange
Teller
Vertex Protocol

Integrations Supported

Ethereum
Birdeye.so
Chainfulness
CheckDEX.xyz
Coast
Flooz
GaiaNet
Gem Wallet
Kado
MetaMask
Orbiter Finance
Parsec
Rainbow Wallet
Rally
Rootstock
Sensay
SushiSwap
Swoop Exchange
Teller
Vertex Protocol

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Free
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

Coinbase

Date Founded

2012

Company Location

United States

Company Website

base.org

Categories and Features

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