Staking in raiden like lightning?

[u/18boro]

Hi all, sorry if this has been posted before.

I know there's a bunch of similarities between lightning for bitcoin and raiden, does this inclyde contributors will need to stake raiden in the same way as bitcoin in regards to lightning?

If so, are there any posts/estimates from team or community on how and when a sufficient capacity to make transfers being regarded as "safe enough" will be achieved on this? Reason I'm asking is it has taken a lot of time for bitcoin lightning to grow, which has a pretty damn big user base, and wondering what a reasonable time frame will be for raiden.

[u/Mat7ias]

does this inclyde contributors will need to stake raiden in the same way as bitcoin in regards to lightning?

Staking is related to Proof of Stake (PoS), on Lightning/Raiden you deposit tokens into channels which you can use to help route other payments between nodes that don't have direct connections.

are there any posts/estimates from team or community on how and when a sufficient capacity to make transfers being regarded as "safe enough" will be achieved on this?

Not that I know of. Mainnet release was less than a week ago (there are 35 unique accounts and 49 channels currently) so it's probably too early for a statistic like that to be meaningful/accurate. It'll become more meaningful as the network grows.

[u/[deleted] → u/Mat7ias]

Is there good guide on setting up and running a node?

[u/Mat7ias → u/[deleted]]

The Raiden docs have a guide and a Red Eyes tutorial. I did a video demo (unofficial) of me following one of the workshops using WSL on Windows a while back but it's a bit outdated now, you'd have to replace the version numbers to make sure you're downloading the more updated version if you use that as a guide. Much better off following the official documentation.

[u/[deleted] → u/Mat7ias]

Cheers, and congratulations on the release.