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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 Hyperledger Sawtooth?

Hyperledger Sawtooth is characterized by a flexible and modular design that clearly distinguishes between its core functions and the application layer, allowing smart contracts to define business rules for applications without delving into the complexities of the underlying architecture. It also supports multiple consensus algorithms, including Practical Byzantine Fault Tolerance (PBFT) and Proof of Elapsed Time (PoET), which enhances its operational capabilities. Originally created by Intel, Sawtooth is a blockchain framework that emphasizes both adaptability and scalability. The expansive potential of Distributed Ledger Technology reaches multiple industries, enabling applications that range from the Internet of Things (IoT) to financial services, thus addressing the varied requirements of these fields. Moreover, Sawtooth's ability to operate in both permissioned and permissionless settings broadens its appeal to a variety of users. Its unique consensus mechanism, PoET, is specifically designed to support extensive networks of validators while reducing resource consumption, showcasing the efficiency that Sawtooth aims to provide in blockchain solutions. This wide-ranging flexibility in both deployment options and consensus mechanisms not only enhances Sawtooth's appeal but also positions it as a strategic choice for organizations eager to leverage blockchain technology for innovative solutions. The adaptability of Hyperledger Sawtooth underscores its relevance in a rapidly evolving technological landscape.

Media

Media

Integrations Supported

Ethereum
Alchemy Pay
Consensys Quorum
Evernym Verity
Fujitsu Biometrics-as-a-Service
GitHub
Hitachi Data Protection as a Service
IBM Cloud
NTT Cloud Communications
Oracle Cloud Infrastructure
Precisely
Quant
SAP Cloud Platform
Splunk Cloud Platform
Thales Sentinel
Wipro Cloud Studio

Integrations Supported

Ethereum
Alchemy Pay
Consensys Quorum
Evernym Verity
Fujitsu Biometrics-as-a-Service
GitHub
Hitachi Data Protection as a Service
IBM Cloud
NTT Cloud Communications
Oracle Cloud Infrastructure
Precisely
Quant
SAP Cloud Platform
Splunk Cloud Platform
Thales Sentinel
Wipro Cloud Studio

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

Hyperledger

Date Founded

2015

Company Location

United States

Company Website

www.hyperledger.org/use/sawtooth

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