Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [RDN] Raiden Network: Welcome to the Ethereum Lightning Network 🔥
by
(-_-)$$$$@ll_day
on 27/11/2017, 01:51:12 UTC
Honestly, I think everyone is explaining wrong here.  Just plain and simple for all the dumb idiots who just throw money here and there, here is the definition of Raiden Network tokens:

Raiden Network tokens allow for micro transactions and up to 1,000,000 transactions per second.

What does this mean for dumb idiot investors whom don't understand?

Well it means that retailers like Macy's, Grocery Store Chains, Dave and Busters, Starbucks, can easily and quickly accept Ethereum without worrying about getting transactions so late and spending $10 for a $5 purchase.

Also, 1,000,000 transactions per second means that it is now 100% possible for companies like Monaco/TENX/CENTRA_Tech to have their crypto Credit/Debit cards because they can use the Raiden Network for speed of transactions and it won't bog down the Ethereum Network.

Right now BitCoin does about 3-5 transactions per second, LiteCoin does about 15- 20 transaction per second and Ethereum does about 12-17 transaction per second!!!!

Hope this helps a bunch of idiots who know nothing and trying to compare this DEXs, the only thing that compares is Lighting Network!!!!

Thus why they both essentially have the same name Raiden Network = Lighting Network, get it!!!! got it!!!! good!!!


This is for all the idiots who post questions about Raiden Network and URaiden!!!

When ever people have questions, just repost this, sorry if it reads rough and up in your face but I am tired people not reading the whitepaper and not even reading this topic board as well!!!