Raiden Active On Ethereum Testnet

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The Raiden payment network is a significant part of building out Ethereum into a world-class, world-capable public blockchain, potentially enabled to process millions of transactions per second.

After years of waiting, Raiden, one of Ethereum’s highly anticipated scaling solutions, is currently functioning on a test network. Announced via updates on GitHub yesterday, the futuristic Ethereum payment network is expected to allow for micropayments, lower fees, and near to instant settlements.

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