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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 Cartesi?

Develop smart contracts using widely adopted software frameworks to transition from Solidity into the broader landscape of software tools on Linux, marking a significant step forward. This shift enables exceptional computational scalability, facilitates access to large datasets, and guarantees low transaction fees, all while preserving the robust security features inherent to Ethereum. Whether for gaming platforms that protect player data or corporate solutions managing sensitive information, your decentralized applications can effectively safeguard user privacy. Descartes performs extensive computations off-chain by utilizing a Linux virtual machine governed entirely by a smart contract, ensuring efficiency and reliability. The results of these computations are validated and enforced on-chain by trustworthy Descartes node operators, thus maintaining the strong security guarantees offered by the underlying blockchain. By successfully addressing Ethereum’s scalability limitations, you can realize computational efficiencies that far exceed previous benchmarks, all while upholding the blockchain’s security integrity. This progression not only improves the user experience but also expands the array of possible applications for decentralized technologies, opening new avenues for innovation and collaboration. As the technology evolves, it paves the way for more sophisticated and diverse decentralized applications, further enriching the ecosystem.

Media

Media

Integrations Supported

Ethereum
Alchemy Pay
GitHub

Integrations Supported

Ethereum
1inch
Atomic Wallet
Binance
CoinGecko
CoinMarketCap
Gate.io
IDEX
Knit
Messari
MongoDB
NOWPayments
Poloniex
Syscoin
Trezor
Trust Wallet
WazirX
coinone

API Availability

Has API

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS
Linux

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

Raiden Network

Date Founded

2017

Company Website

raiden.network/

Company Facts

Organization Name

Cartesi

Date Founded

2018

Company Website

cartesi.io

Categories and Features

Blockchain

Not specified

Layer 2 Protocols

Not specified

Smart Contract

Not specified

Categories and Features

Blockchain

Not specified

Layer 2 Protocols

Not specified

Smart Contract

Not specified

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