Access to the largest decentralized financial database
An ecosystem of financial builders
20+ EVM compatible chains & NEAR
Founder Grant
We are looking for the next wave of innovators. The change-makers who don't fear failing fast while learning and persevering.
If you're unsatisfied with the status quo and see a better way to solve financial challenges, don't let funding be what stands between you and your vision.
Developers choose Request Network for
Simplicity
Request Network gateways reduce the complexity of interacting with the blockchain. No need to manage different contracts, specific libraries, and gas. With APIs, gateways enable blockchain interactions as easily as any other SaaS.
Privacy
Request Network ensures privacy and GDPR compliance. Data regarding requests is encrypted and safeguarded using elliptic-curve encryption. And while all data is saved on a public blockchain, it can only be read by the parties involved in the request.
Scalability
Gradually Request Network handles more transactions per second, by saving it on IPFS instead of on the blockchain. The hash is stored on the blockchain. Transactions are batched to IPFS, enabling high throughput. This also leads to low costs, everyone’s favourite.
Security
Request is built on top of Ethereum, safeguarding security. It ensures that data can't be changed or deleted by governments, 3rd parties, or even by us. The data exists on each node, so it can't just disappear. It's safe from the passage of time and tampering alike.
Under the hood
Ethereum
Ethereum is an open-source, public, blockchain-based, distributed computing platform and operating system featuring smart contract functionality.
IPFS
The InterPlanetary File System is a protocol and network. It is designed to create a content-addressable, peer-to-peer method of storing and sharing hypermedia in a distributed file system.
Request Node
Nodes receive transactions (such as the creation of a request or its acceptance), batch them, and save them on IPFS and Ethereum. They abstract IPFS, Ethereum and gas for the users. They also store all data.
Request Gateway
Gateways make Request even easier to use than the nodes would on their own. They offer high-level APIs to Request users. These APIs then allow anyone to interact with Request seamlessly. That way anyone can manage their blockchain keys (if needed), identity, the purchase of gas, and so on. All using a clear, developer-friendly interface.
Payment Processors
Payment processors connect Request with payment networks (such as BTC, Ethereum, Monero, and fiat networks). They detect payments and update the state of requests (like whether they have been paid).
Apps
Apps connect to the Request system to help manage payments. They can enable and streamline invoicing, accounting, crowdfunding, and more. These applications are not part of the protocol or its implementation but are built on top of it.
Developer Grant
"Developers, developers, developers" is as true today in Web3 as years ago in Web2.
Focus on what you're best at, the building blocks of Web 3 - coding, while we have your back with the grant.
REQ token powers the Request Network
Anti-spam
When making TX on Request Network, a minor fee is required before broadcasting to the network. This fee discourages bad actors from using the network maliciously, keeping it free from spam and performant.
Independent
The REQ token allows the Request network to migrate, simultaneously run on multiple blockchains, or even run on its own dedicated blockchain, without hurting the core mechanisms of the network. This makes the network independent from both the currency and technical infrastructure provided by others.
Deflation
Request network leverages decentralized networks like Ethereum and IPFS for increased security, privacy, and data ownership for the user, minor fees are required at each step in the process.
Transaction costs are collected in xDAI tokens on the Gnosis Chain. These are then periodically moved to the mainnet as DAI, and swapped into REQ tokens using an on-chain liquidity protocol called Kyber Network. This practically reduces this amount of REQ from the total supply,
REQ supply decreases proportionally to the increasing adoption of the Request network. The higher the growth, the more deflationary the REQ token is.
Community dashboard tracking REQ stats:
REQ address on Ethereum Mainnet
0x8f8221afbb33998d8584a2b05749ba73c37a938a
Links to
Disclaimer
The content on this page is for informational purposes only, and it doesn’t constitute a recommendation to buy, sell, or hold any financial product.