Ethereum's Raiden test network has been deployed
Good news for Ethereum
The Raiden test network has been deployed. This is a good first step toward scalability in Ethereum. For those who don't know, there is a video below which describes what Raiden is.
Raiden is basically Ethereum's version of the Lightening network. In essence it is off chain scaling, which has pros and cons. In the context of Ethereum, the fact that it could beat Bitcoin to the punch on this is interesting. At the same time Bitcoin has less to gain from something like this than Ethereum because Bitcoin must remain Proof of Work while Ethereum is headed toward Casper.
Wish I bought more etherium whan what I did when the prive dropped to 180$ when the eos ICO happened. Oh well at least I bought some.. will try to top up before November's dev con :)
Exciting times for the Ethereum. It's interesting to see how the currency develops and for those who invested, exciting times! Looking forward to reading your updates on it.
Followed!
It is not actually meant as being a currency rather a fuel which is used to pay for transactions. Currencies build on top of Ethereum will be interesting like a stablecoin for example SAI from makerdao.com
Nice post.I hope your post will be in hot list.
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great we need like it thank's for share it with us , I have followed you !
So informative post, thanks for sharing it. I enjoyed it.
I have the pleasyre to follow you.
Good news for all ethereum lover .
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Looks like another rocket ship incoming on the ETH price!
Interesting article - Ethereum demonstrating it's versatility as a cryptocurrency once more, only a matter of time before its bigger than Bitcoin!?
Followed.
Alex