Equity Details
Price & Market Data
Price: $0.0₃778
Daily Change: -$0.0₆622 / 0.08%
Daily Range: $0.0₃778 - $0.0₃779
Market Cap: $77,807
Daily Volume: 0
About Raiden Network Token (RDN)
Detailed market data for Raiden Network Token (X:RDN) is now available. Priced at 0.0₃778, the stock has recorded a daily change of -$0.0₆622 / 0.08%. Its market capitalization is 77,807. Dive into its performance across all listed timeframes, from short-term fluctuations to long-term growth trends.
Details
The Raiden Network is an off-chain scaling solution, enabling near-instant, low-fee and scalable payments. It’s complementary to the Ethereum blockchain and works with any ERC20 compatible token. The Raiden project is work in progress. Its goal is to research state channel technology, define protocols and develop reference implementations.The Raiden Network is an infrastructure layer on top of the Ethereum blockchain. While the basic idea is simple, the underlying protocol is quite complex and the implementation non-trivial. Nonetheless the technicalities can be abstracted away, such that developers can interface with a rather simple API to build scalable decentralized applications based on the Raiden Network.