About Raiden Network WeChat Exchange Group
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5 FAQs about [Raiden Network WeChat Exchange Group]
Where can I find the documentation for the Raiden network?
This is the documentation for the 3.0.1 version of the Raiden Network. You can find the source code in our Github Repository. What is the Raiden Network? The Raiden Network is an off-chain scaling solution, enabling fast, low-fee and scalable token transfers. It’s complementary to the Ethereum blockchain and works with any ERC20 compatible token.
How does the Raiden network work?
The Raiden Network allows secure transfers of tokens between participants without the need for global consensus. This is achieved using digitally signed and hash-locked transfers, called balance proofs, fully collateralized by previously setup on-chain deposits. This concept, illustrated in figure 1, is known as payment channel technology.
What is the difference between Raiden Dapp & Raiden Light Client SDK?
The Raiden Light Client SDK is a Raiden Network compatible client written in JavaScript/Typescript. The Raiden DApp is a reference implementation of the Raiden Light Client SDK. The Raiden WebUI is Raiden Web User Inteface to manage channels and make token transfers.
How do I install Raiden?
If you’re new to Raiden and just want to install it and try it out, go to the Quick Start. Afterwards you can do token transfers using the Raiden WebUI. For a more advanced usage, read about the different options for installing and firing up a Raiden client.
Does Raiden keep a balance proof?
Instead of keeping track of all checks, however, each peer only keeps a copy of the latest one. The balance proof contains the final sum of all Raiden transfers sent to a participant up to a certain point, digitally signed by the sender.
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