Re: [ANN] [RDN] Raiden Network: Welcome to the Ethereum Lightning Network 🔥
If Raiden Network will deliver the promised features it will likely achieve success. But not having read the whitepaper I fail to understand what the token will in fact do and why it would become more valuable in time. By the way, is it traded already somewhere? I understand there has been already an ICO.
Masternodes. Subtract tokens locked in the masternodes from circulation supply. With rdn token users will pay fee's for pathfinding services.
The token a very long time available for trade at Binance, Huobi, etfinex, okex
This project has received a lot of criticism because of their decision to go the ICO route. Most people were expecting to be able to use Raiden for free. If Raiden was a stealth project instead of a publicized one, and one day the team announces that they can help fix the Ethereum scaling issue by charging a small fee, i believe most people would gladly pay the fee and enjoy the scaling solution.
It's worth to emphasizing that criticism was expressed regarding ico campaign, not raiden technology. Most interesting that raiden red eyes is almost delivered. Within the next few weeks we will see a working product. Web UI looks great.
I think Vitalik Buterin will support raiden. He has no choice in my opinion
But what about the vaunted Gonetwork, who won the competition and almost every year was widely known? Although judging by its capitalization, they will develop the product itself for another 10 years!
In fact, Raiden is a very good option Vitalik needs to pay attention to the progress of the team!