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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 Merlin Chain?

Merlin Chain aims to transform Layer2 by incorporating native Layer1 assets into its framework. As an EVM-compatible chain, it ensures minimal transaction fees and exceptional scalability, which allows for rapid processing and enhances liquidity in transactions. The platform supports popular Bitcoin protocols such as BRC20, BRC420, Bitmap, Atomicals, Pipe, Stamp, among others, broadening access for a diverse range of users in the Bitcoin Layer2 ecosystem. To maximize efficiency and scalability, Merlin Chain employs ZK-Rollup technology, with sequencer nodes managing data transmission through decentralized Oracles, ensuring both security and transparency. With a commitment to promoting fair launches and community-driven innovations, Merlin Chain is dedicated to crafting unique solutions specifically designed for the Bitcoin network and its users. This initiative not only boosts user involvement but also fortifies the foundational infrastructure of Layer2 solutions, paving the way for future advancements in the blockchain space. Ultimately, Merlin Chain stands as a beacon for innovation and collaboration within the cryptocurrency community.

Media

Media

Integrations Supported

Alchemy Pay
Bitcoin
Bitget Wallet
Bybit Wallet
DEX Screener
Ethereum
GitHub
Holograph
OKX Wallet
UniSat Wallet

Integrations Supported

Alchemy Pay
Bitcoin
Bitget Wallet
Bybit Wallet
DEX Screener
Ethereum
GitHub
Holograph
OKX Wallet
UniSat Wallet

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

Merlin Chain

Company Website

merlinchain.io

Categories and Features

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