Raiden Network Token RDN to Nebulas NAS Exchange

Crypto Pair Details: RDN to NAS

Raiden Network Token RDN

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 introduction of payment channels, specifically the type first described by the Lightning Whitepaper (which introduced the Lightning Network), seeks to fix the scalability and congestion issues that currently plague blockchain technology. While the Lightning Network operates on the Bitcoin blockchain, Raiden introduces a comparable solution for the Ethereum network. There are several key features of the Raiden Network Token. Expedited transfer confirmations (<1 second ). Current transfers on the Ethereum blockchain can take a few seconds to minutes. Private transfers that are not viewable on the global ledger. Solve scalability issues so that Ethereum can create mass adoption, allowing Ethereum to become the peer-to-peer, global payments infrastructure with electronic cash that it was initially designed for. Low fee transactions. Micropayment capability that works in union with any ERC-20 token. The Raiden Network project is being developed by Germany’s Brainbot Technologies AG, a software company devoted to blockchain protocol development. Founded in the year 2000 by Heiko Hees, it currently has between 11 to 50 employees in offices among Berlin, Mainz, and Copenhagen. Also the founder of PediaPress, Hees has been a core developer of Ethereum since March 2014. Being a core developer for Ethereum, it is evident on how the founder sees the flaws in the current its present protocol with ways to improve it. Interestingly enough, the website does not include RDN as one of their main blockchain developments, which could be attributed to the difficulty of highlighting a wide variety of projects they are currently undertaking on one page. However, there are no updates on the status of the Raiden Network Project on either Twitter nor Medium since December 1st, 2017. Raiden can be used for a wide variety of applications and purposes such as Micropayments For Content Distribution, Decentralized M2M Markets, API Access and Fast Decentralized Exchanges.'

Nebulas NAS

Nebulas is a next generation public blockchain, aiming for a continuously improving ecosystem. Based on its blockchain valuation mechanism, Nebulas proposes future-oriented incentive and consensus systems, and the ability to self-evolve without forking. Many in the crypto community are referring to Nebulas as “the new Google”. While the two are similar in a sense, they hold different use cases. Google is intended for day to day internet information searches, while Nebulas focuses on searches among decentralized applications (DApps), smart contracts, and user’s blockchain assets. Nebulas is being built on a decentralized search framework with open-source algorithms, verifiable computing, and distributed data stores.” Nebulas has three core features of its tech such as Nebulas Rank (NR), it is an Open source, core ranking algorithm based on “liquidity, propagation of users’ assets, and the interactivity between users.” and Nebulas Force (NF): “Nebulas Force (NF) provides the Nebulas blockchain & its distributed applications built on top, the capability to self-evolve”. Nebulas’s official website shows an international team of 14 core members, including Hitters Xu, founder and CEO of Nebulas (who also happens to be the founder of AntShares, now known as NEO). Xu is considered a pioneer in the blockchain industry, founding BitsClub (the very first Blockchain/Bitcoin community in China) in 2013 as well as popular ICO platform ICO 365. He also founded the crypto funds firm, FBG capital. On top of that, he directed an Alibaba financial arm (Ant Financial’s Blockchain Platform) and aided Google’s Search & Anti-Fraud team.

SOURCE: COINGECKO

instantcryptocurrencyexchange Statistics

Instant Cryptocurrency Exchange Platform