Scalability & Confidentiality for Ethereum
The Raiden Network is a highly anticipated blockchain core infrastructure project. The basic idea is to switch from a model where all transactions hit the shared ledger on the blockchain to a model where users can transfer tokens by privately exchanging messages. This is namely without involving a global consensus protocol, while maintaining the security and guarantees as expected from the blockchain system. This approach offers improved privacy, low latency and scales linearly with the number of participants.