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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 OKT Chain (OKTC)?

The world's first trading chain is a decentralized and global blockchain framework designed for seamless value exchange. This initiative, known as OKT Chain (OKTC), operates as a public blockchain without a central governing body, allowing individuals from any location to launch projects and use applications effortlessly. It is important to understand that OKX cannot control or approve any projects built on the OKT Chain (OKTC). While the decentralized nature of blockchain provides significant benefits, it also introduces certain risks that users must acknowledge. Therefore, individuals should take charge of their financial decisions and diligently research any projects they are interested in. Before getting involved with OKT Chain (OKTC), it is essential to have a comprehensive understanding of the specific project. Additionally, developers and users are able to access both the main network and the test network without restrictions. It is crucial to distinguish between the OKC main network and the test network, as assets on the testnet lack real-world value. Protecting your private keys is of utmost importance, and sharing them is strongly discouraged. Always take the time to verify the security of third-party projects before giving them access to your information. We support a variety of wallets, such as MetaX, MetaMask, imToken, and TokenPocket, allowing users to choose secure options for their transactions. By remaining informed and exercising caution, you can effectively reduce potential risks while exploring this cutting-edge ecosystem. As the blockchain landscape continues to evolve, staying updated with the latest developments will enhance your experience and knowledge.

Media

Media

Integrations Supported

Alchemy Pay
Aolink
Bitget Wallet
DOS Network
DappRadar
HashKey Me
Kryptos
Multifarm
Nabox
OKX
ONTO
Orbit Bridge
Ping Explorer
Rabby
TokenInsight
imToken
tin.network
vfat.tools
yiToken

Integrations Supported

Alchemy Pay
Aolink
Bitget Wallet
DOS Network
DappRadar
HashKey Me
Kryptos
Multifarm
Nabox
OKX
ONTO
Orbit Bridge
Ping Explorer
Rabby
TokenInsight
imToken
tin.network
vfat.tools
yiToken

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

OKX

Date Founded

2017

Company Location

Seychelles

Company Website

www.okx.com/oktc

Categories and Features

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