Raiden ICO: Ethereum Scaling Solution to Launch Publicly Traded Token
Ethereum's answer to bitcoin's Lightning Network will have one notable difference – a publicly traded token to be sold in a Dutch auction in October.
South Africa startup Wala is using microraiden for high volume, low-value, off-chain ethereum transactions. And people are using it in the thousands.
The rise of solutions like the lightning network suggests crypto can have its cake and eat it too. Transactional scaling may just be the icing.
The team behind the Raiden, which creates payment channels to help ethereum scale, has launched the final testnet before the tech goes live.
Competition is heating up in the ethereum ecosystem, now that scaling project Liquidity.Network has launched in test mode.
A streamlined version of the Raiden payments channel network has been launched on the main ethereum blockchain.