Raiden Network (High speed asset transfers for Ethereum) NOW HIRING!

Raiden is a technology that leverages off-chain state networks to extend Ethereum with some nice properties for asset transfers:

Scalable: it scales linearly with the number of participants (1,000,000+ transfers per second possible)
Fast: Transfers are confirmed and final within the fraction of a second
Confidential: Single transfers don’t show up in the global shared ledger
Interoperable: Works with any token that follows Ethereum’s standardized token API
Low Fees: Transaction fees can be 7 orders of magnitude lower than on the blockchain
Micro-payments: Low transaction fees allow to efficiently transfer tiny values

Intensified planning work is carried out for Raiden 2.0, which aims to generalize the privacy, low latency and scalability properties of Raiden to applications beyond token transfers. Generalization requires, that the system needs to support non-unanimous state updates. Therefore Raiden 2.0 might end up looking more like a network of sidechains, than a network of state channels. Whatever the final design might be, the goal is to provide the tools to allow for broad industry adoption of the Ethereum blockchain.

For now, most of the team is busy coding towards the MVP and they always welcome volunteers to contribute to the code. There are some easy issues to get started on the Raiden github page.

If you are looking for a full time engagement and think your skills complement Raiden 2.0's team drop them an e-mail at [email protected].

All donations are welcomed:
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