Raiden Network Token 2018, EMC Forecast and Price Charts – When to buy RDN? What is the RDN price today? RDN Forecast, Short term and Long term Price Predictions for Next Months and Year: 2018, 2019 and 2020.
WHAT IS RAIDEN NETWORK TOKEN (RDN)?
It is the primary currency of the Raiden Network, which reports its protocol as a means for “cheap, fast, scalable token orders for Ethereum.” The custom is meant to complement Ethereum, not fight against it, allowing for Ethereum compatible tokens (ERC-20) to be utilized. It will deliver “low-fee, near-instant” payments despite the number of transactions processed in the network.
RAIDEN NETWORK TOKEN (RDN): HISTORY
RDN came to life in 2000 and was found out by Heiko Hees. It is developed by Germany’s Brainbot Technologies AG, a software company devoted to blockchain protocol development. The website does not involve RDN as one of their central blockchain developments, which could be associated with the problem of highlighting a broad class of projects they are currently undertaking on one page.
HOW DOES RAIDEN NETWORK TOKEN (RDN) WORK?
Raiden Network’s technology can be exposed as a cover on top of the blockchain, eventually creating a cooperative union within it and Ethereum’s essential framework. It excludes the need for global agreement, which significantly decreases the networks capability to scale at elevated levels. Eliminating the need for a global convention is done by leveraging a system of payment ways which allow to securely transfer price off-chain, i.e., externally involving the blockchain for every transfer.
HOW TO BUY RAIDEN NETWORK TOKEN (RDN)?
The simplest way to trade for these coins is to create a Coinbase or Bitstamp account initially. Once validated, the user can buy Ethereum via bank transfer or credit card and then deposit the tokens upon an alternative exchange, such as Binance/ Huobi/ Gate.io. The best place to store the RDN’s is the official wallet and if you are more concerned about security, then put this wallet inside a physical hard wallet.
RAIDEN NETWORK TOKEN (RDN) PRICE PREDICTION 2018
RDN is a marked improvement over bitcoin and is a sound currency to invest. The developments over Bitcoin makes it a good one to invest heavily. If you are in search for virtual currencies with a sound return, RDN is a good option. The current value of Raiden Network Token as of 2018-03-01 is 2.709 USD. If you buy RDN for 100 dollars today, you will get a total of 36.912 RDN. According to forecasts, the long-term increase is demanded. In one-year, the value is supposed to increase by 10.067 USD, and in five-years, it may increase to 31.870 USD. So with a five-year investment, the revenue is expected to be around +1076.39%. The invested 100$ may be up to $1176.39 in 2022.