Description
Radix is a layer-1 protocol designed for DeFi applications, addressing key blockchain challenges like scalability, security, and developer usability through its unique Cerberus consensus algorithm. Cerberus enables linear scalability and atomic composability, supporting high throughput and seamless interoperability. Radix features Scrypto, a programming language aimed at simplifying secure DeFi application development, and a robust tokenized asset system for on-chain asset management. Launched as XRD in 2021, Radix supports areas beyond DeFi, including IoT and asset-backed tokens, leveraging an API-driven architecture to eliminate smart contract complexities. The platform's immutable, cryptographically-hashed database ensures secure data management for millions of concurrent users, rivaling traditional payment networks. Additionally, e-Radix (EXRD) on Ethereum extends its ecosystem reach. Radix's ecosystem, marked by active market participation, underlines its commitment to evolving DeFi through scalability and security.
Radix is a layer-1 protocol designed for DeFi applications, addressing key blockchain challenges like scalability, security, and developer usability through its unique Cerberus consensus algorithm. Cerberus enables linear scalability and atomic composability, supporting high throughput and seamless interoperability. Radix features Scrypto, a programming language aimed at simplifying secure DeFi application development, and a robust tokenized asset system for on-chain asset management. Launched as XRD in 2021, Radix supports areas beyond DeFi, including IoT and asset-backed tokens, leveraging an API-driven architecture to eliminate smart contract complexities. The platform's immutable, cryptographically-hashed database ensures secure data management for millions of concurrent users, rivaling traditional payment networks. Additionally, e-Radix (EXRD) on Ethereum extends its ecosystem reach. Radix's ecosystem, marked by active market participation, underlines its commitment to evolving DeFi through scalability and security.
