# Raiden Network

### Name
Raiden Network

### Description
Use Raiden to enrich your dApp with nearly instant, low-fee and scalable payments. It comes with an easy-to-use API and is compatible with the Ethereum ERC20 token standard.

### Consensus Type
Local consensus between nodes in a payment channel

### Tx Cost
No gas cost applied on transfers as it is an offchain technology.

### Average TPS
No average TPS, but scales linearly based on the amount of users independent of the underlying blockchain

### Finality Time
Instant

### Governance/validator Token
no

### Transactional Token
Any ERC20 token

## Resources
[Website](https://raiden.network/)
[Github](https://github.com/raiden-network)
[Developer Docs](https://developer.raiden.network/)

## Social Media & Community
[Twitter](https://twitter.com/raiden_network)
[Blog](https://raiden-network.medium.com/)
[YouTube](https://www.youtube.com/channel/UCoUP_hnjUddEvbxmtNCcApg)
[Gitter](https://gitter.im/raiden-network/raiden)

###### tags: `Indexed.wtf`