Until October 15th, we recommend you to withdraw your tokens to your on-chain accounts or close your Raiden channels completely. Here’s why:

We are close to the finish line with the upcoming Coruscant release for the Python client and the Krittika release for the Light Client.

With these releases, there will also be a deployment of new smart contracts adding new features and improving the performance of the Raiden Network.

After the…

Until October 15th, we recommend you to withdraw your tokens to your on-chain accounts or close your Raiden channels completely.

Closing, settling and withdrawal

In case a total withdrawal is not possible, Alice can still do a closing and settling followed by the token transfer to her Metamask account. This is a 4-step process involving on-chain tx.

Example

Alice has an open Raiden channel with Bob on the Raiden Light Client dApp, which is connected…

Raiden Network

Fast, cheap, scalable token transfers for Ethereum

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store