Raiden Network Token (RDN) is a token of an autonomously scalable solution with almost instant payments, low commission and scalability. Complements Ethereum and works with any token compatible with ERC20.

Raiden Network Token (RDN) news

Raiden Network Token

Luis Bezzenberger

Henry Black 🌴

Courter

RT @bezzenberger: @HAJBlack @court3r Little known fact: gas fees with L1-equivalent security for ERC20 p2p transfers are ~$0.004, if you us…

@HAJBlack @court3r Little known fact: gas fees with L1-equivalent security for ERC20 p2p transfers are ~$0.004, if you use the appropriate scaling solution (payment channel network on top of L2): https://t.co/Kk4GBgKfJo

While there's still some kinks to work out in terms of UX/channel setup, an "L3" payment channel network on top of an OR is the cheapest way to do trustless ERC-20 transfers on Ethereum at ~$0.004 per transfer. Also the most scalable way (linear scalability via concurrency). https://t.co/Ybct3gj1Vg