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Average Ratings 0 Ratings

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ease
features
design
support

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Description

ChainX, recognized as the first project to emerge within the Polkadot ecosystem, is dedicated to exploring and implementing advancements in Bitcoin's layer 2 scalability, serving as a digital asset gateway and a relay chain for Polkadot's second layer. Its goal is to facilitate cross-chain asset exchanges, paving the way for innovative developments in Bitcoin Cross-DeFi. With Bitcoin's market capitalization nearing the monumental US$1 Trillion mark, it stands as a cornerstone of the digital currency landscape, holding tremendous potential for evolving blockchain technologies and affirming Bitcoin's role as a leading payment option and an effective medium for value transfer and storage. Many believe that we have only begun to uncover the vast possibilities that Bitcoin offers. ChainX is fervently focused on enhancing and expanding Bitcoin's Layer 2 financial ecosystem, working to foster the flow of Bitcoin's value, broaden opportunities for financial derivatives, and enhance tools for hedging against market fluctuations. By doing so, they aim to unlock even greater potential for users and investors alike.

Description

The Raiden Network serves as an off-chain scaling solution that facilitates almost instantaneous, low-cost, and scalable transactions. It is designed to work in harmony with the Ethereum blockchain and is compatible with any token that adheres to the ERC20 standard. As an ongoing project, its primary focus is to explore state channel technology, establish protocols, and create reference implementations. Positioned as an additional infrastructure layer atop the Ethereum blockchain, the fundamental concept is straightforward; however, the intricacies of the underlying protocol and its implementation are notably complex. Despite these challenges, developers can simplify these technical aspects and utilize a user-friendly API to create scalable decentralized applications that leverage the Raiden Network. The core objective of this network is to bypass the consensus bottleneck commonly associated with blockchains. This is achieved through the establishment of a network of payment channels, which allows for secure off-chain value transfers, thereby minimizing the need to engage the blockchain for each transaction. As the project continues to evolve, it aims to enhance the overall efficiency of decentralized finance applications.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Ethereum
Acala
Alchemy Pay
Bitcoin
EOS
GitHub
Koinly
Polkadot

Integrations

Ethereum
Acala
Alchemy Pay
Bitcoin
EOS
GitHub
Koinly
Polkadot

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

ChainX

Country

China

Website

www.chainx.org/en/

Vendor Details

Company Name

Raiden Network

Founded

2017

Website

raiden.network/

Product Features

Alternatives

Alternatives

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