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Blockchain across Oracle
book

Blockchain across Oracle

by Robert van Molken, Sven Bernhardt, Francisco Arturo Viveros
October 2018
Intermediate to advanced
530 pages
14h 25m
English
Packt Publishing
Content preview from Blockchain across Oracle

Raiden Network

The Raiden Network is the equivalent of the Lightning Network, but it works specifically as an infrastructure layer on top of the Ethereum blockchain. It is a network of nodes in which nodes can establish payment channels with other nodes. The payment is routed through the network via multiple nodes, but a single node can only communicate with its direct neighbors. The security built in to the Raiden Network is that each of the nodes has to hold the balance of the amount being moved. You can imagine that the higher the amount that you want to transfer, the harder it is to find a path through the network.

The use case of the Raiden Network is for transferring small amounts of Ether almost instantaneously and in a reliable way. ...

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Publisher Resources

ISBN: 9781788474290