What is the Raiden network token?

The Raiden Network Token is the native currency of the Raiden Network, which describes its protocol as a means for “fast, cheap, scalable token transfers for Ethereum”. The protocol is meant to complement Ethereum, not compete against it, allowing for Ethereum compatible tokens...

What is the difference between Bitcoin and Raiden?

For Bitcoin, there is the Lightning Network. What Is Raiden? Now, the Raiden platform acts as a second layer payment channel for Ethereum. The ETH network the second most used public blockchain in the world, due in part for being the first to allow smart contracts in the blockchain.

What is Raiden and how does it work?

Raiden is similar to Bitcoin's Lightning Network in that you can transfer tokens through privately exchanged messages without having to involve the entire consensus protocol. However, you still get the security expected from a blockchain network. Where can I buy Raiden?

Is the Raiden network a solution for Ethereum?

Ethereum has had the problem at the core of its existence from the beginning. Now the Raiden network appears to be a possible solution for the network. For Bitcoin, there is the Lightning Network. What Is Raiden? Now, the Raiden platform acts as a second layer payment channel for Ethereum.