Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [RDN] Raiden Network: Welcome to the Ethereum Lightning Network 🔥
by
gogok
on 13/12/2017, 11:39:08 UTC
I still can't understand how will it work and why should RDN token go up in price? Can smb explain me pls or share link on video or article to understand?

There's lot of information on their website https://raiden.network/
Generally, it's off-chain payments solution for Ethereum network - similar to Lightning Network for Bitcoin.
As with other crypto, the value comes from usage - if Raiden will be used widely, there will be more demand for its token, and the price should rise.
If the tech will not prove itself useful, then forget the price rise.

Rather good point. It all depends on how widely will be used. If there is broad acceptance than this is moon coin, if not.. forget price..

As it was stated few pages back, the raiden tech. is approx. 2 years ahead of any competition. So If you buy now, you probably won't regret it.
If you look in detail at the coin, you can safely say that it will go up. Even if the airtime will go up, then in the pair RDN \ ETH will go up.
The main problem remains the problem of use, the technology should become popular, whatever it is used for.