[ANN] Radix DLT - The Decentralized Finance Protocol

[Arrrvin]

The Radix Community has created a two pager about Radix DLT with all the eye catching information summarized.

View the two pager here: https://radixcommunity.com/pdfs/factsheet_1.pdf?v=1

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[Arrrvin]

What is Radix?

Radix is a new decentralised platform which holds the world record in transaction speed. After 7 years of R&D it demonstrated a performance of 1.4 million transactions per second, breaking the world record in 2019. This makes Radix...

● 17 times faster than Visa
● 35 times faster than Google
● 1,000 times faster than PayPal
● 93,000 times faster than Ethereum

With each transaction being confirmed within 1-2 seconds. Radix is the only platform to solve the 4 fundamental challenges of decentralized ledgers: to achieve global scalability while maintaining security, decentralization and communication across the entire platform. As such, Radix is poised to become the leading decentralized platform for the global financial markets.

[Arrrvin]

Dear community,

Want to know when’s the next unlock? Want to know what’s the current moving average?

Again, we got you. New stats added: https://radixcommunity.com/live-stats

Your Radix Community Team

Go to the live stats:

[Arrrvin]

The 7 day simple moving average price of $eXRD is confirmed above the $0.07 threshold for the next unlock. The unlock is subject to a 1-24hr random time-lock which has now started!

The unlock will occur no later than 14:00 UTC on December 3rd.

Details: https://www.radixdlt.com/post/the-radix-economics-a-token-for-an-ecosystem/

[Arrrvin]

Aragon: Let’s build a new country!

Radix DLT, 3rd December 2020

In this episode of DeFi Download, Piers Ridyard interviews Luis Cuente, Executive Director of the Aragon Association.

Continue reading and listen to the podcast:


OUR GUEST ON THIS EPISODE: LUIS CUENTE

[Arrrvin]

Radix DLT is hiring

Dear Radix Community,

 we have got two really important hires that have just gone up on Stack Overflow - these are pretty time critical hires for us (expanding the team, not replacing members), so any help everyone here can do in pushing this out to their network and help find people who would be good for these positions would be super appreciated:

Distributed Systems Architect, Consensus - https://stackoverflow.com/jobs/465695/distributed-systems-architect-consensus-radix-dlt

Systems Software Engineer, Compiler/Virtual Machines - https://stackoverflow.com/jobs/465697/systems-software-engineer-compiler-virtual-radix-dlt

Thank you!

[Arrrvin]

Reducing DeFi Hacks, Exploits & Failures on Radix

Radix DLT, 4th December 2020

DeFi applications are rapidly innovating new ways of providing more efficient, transparent, and democratic financial services. But they have also suffered an unfortunate sequence of high-profile losses of funds. Simple programming errors and programming language quirks that normally would only cause annoyance in a general application have instead created documented openings for exploits and system failures. Even where there are no bugs in smart contract logic, connections between multiple complex DeFi have made it nearly impossible to design smart contract code to cover all edge cases that could be manipulated by an adversary.

A more purpose-built alternative to typical smart contracts is needed before DeFi is ready for mainstream adoption. The Radix Engine and its “Component” model of development finally provides this solution for DeFi developers.

Continue reading:

[Arrrvin]

⚡️UNLOCK ALERT IS LIVE⚡️

Dear community,

Another day, another nice surprise:

Click on the little ⚡️ symbol next to the countdown to get an Email Alert the moment the next batch of eXRD tokens is unlocked!

https://radixcommunity.com/live-stats

Your Radix Team

[Arrrvin]

Today I went to check my Unifyre Wallet. To my happy surprise I saw eXRD added to the listed tokens!

It's always nice to see great projects like Ferrum Network and Radix DLT coming together somehow to take on the future of DeFi.

[gembira]

⚡️UNLOCK ALERT IS LIVE⚡️

Dear community,

Another day, another nice surprise:

Click on the little ⚡️ symbol next to the countdown to get an Email Alert the moment the next batch of eXRD tokens is unlocked!

https://radixcommunity.com/live-stats

Your Radix Team

how many tokens were unlocked so far? Did not they burn unsold tokens? With current price and max tokens supply mcap is 400 mln usd. its too hig. 

[shinratensei_]

⚡️UNLOCK ALERT IS LIVE⚡️

Dear community,

Another day, another nice surprise:

Click on the little ⚡️ symbol next to the countdown to get an Email Alert the moment the next batch of eXRD tokens is unlocked!

https://radixcommunity.com/live-stats

Your Radix Team

how many tokens were unlocked so far? Did not they burn unsold tokens? With current price and max tokens supply mcap is 400 mln usd. its too hig. 

The unsold tokens were getting reverted to the foundation and it was getting locked again. It will be unlocked at the same time with the pre-mined coin that owned by the foundation. The team didn't burn the unsold token.

[Arrrvin]

how many tokens were unlocked so far? Did not they burn unsold tokens? With current price and max tokens supply mcap is 400 mln usd. its too hig.  

So far 10% of the tokens are unlocked.

And like shinratensei_ says: unsold tokens were not burned but returned to the foundation and locked.

If you think that the current price is too high it is best to leave the buying of eXRD to traders that are fine with the current price. Opinions differ on this matter.

[Arrrvin]

I read about Radix Component model which should provides the purpose-built development environment. But what exactly it should give?

In short: modular apps, catalogued for modular reuse, and fee per usage programmed.

[Arrrvin]

I read about Radix Component model which should provides the purpose-built development environment. But what exactly it should give?

Here's an infographic about it:

Read all about it in the Radix DeFi Whitepaper:

https://www.radixdlt.com/wp-content/uploads/2020/08/DeFi-Whitepaper-v1.0-3.pdf

[Arrrvin]

After the threshold of $0.09 was confirmed another 5% of the eXRD tokens were unlocked.

In total now 15% of the tokens are unlocked.

The next threshold shall be at $0.11.

You can follow the live statistics here:

[Bitstar_coin]

● 17 times faster than Visa  
● 35 times faster than Google  
● 1,000 times faster than PayPal  
● 93,000 times faster than Ethereum  

Only on paper probably, it is very easy to type this things to entice people's reading interest and it is a different thing entirely to be able to put them into practice, i  haven't use or get acquainted with this project before and i don't know if i ever will, but one thing i do know is, if this project has been able to do 1/6^th of the things you mentioned above   all hell will let lose for the demand of Radix DTL, but then again this are just good wright up on paper only

[Arrrvin]

● 17 times faster than Visa  
● 35 times faster than Google  
● 1,000 times faster than PayPal  
● 93,000 times faster than Ethereum  

Only on paper probably, it is very easy to type this things to entice people's reading interest and it is a different thing entirely to be able to put them into practice, i  haven't use or get acquainted with this project before and i don't know if i ever will, but one thing i do know is, if this project has been able to do 1/6^th of the things you mentioned above   all hell will let lose for the demand of Radix DTL, but then again this are just good wright up on paper only

1. Please don't misquote me with smileys I didn't put in my own post. That's not very Heroic.  

2. The quoted data is based upon the Radix Tempo test in 2019 when 1.4 million transactions per second were counted. In the meantime Radix took lessons from the Tempo protocol and based upon their findings the more secure Cerberus consensus protocol was built.

The best read about the test is here:
https://www.radixdlt.com/post/scaling-dlt-to-over-1m-tps-on-google-cloud/

A summary about their 7 year journey you can read here:
https://www.radixdlt.com/post/tempo-consensus-lessons-learned/

[helenfast69]

As for me Radix has right goals and ideas, especially about reducing DeFi hacks, exploits and failures. I hope they will have luck in the near future

[Arrrvin]

Announcing the RadixDLT Listing and Flash Staking Pool

Ferrum Network, Ian M. Friend, Esq., Dec 12, 2020

Dear Ferrum Community,

We are thrilled to announce the RadixDLT UniFyre Wallet listing and the first ever Flash Staking Pool!

In this Flash Staking Pool, which utilizes our Multi-Token Staking technology, participants will have the opportunity to stake FRM and earn RadixDLT as rewards!

In this article, we describe the UniFyre Wallet listing and the Flash Staking Pool in greater detail. Enjoy!

Continue reading:

[Arrrvin]

RPN-1 Development Update: Drop 2 Complete

Radix DLT, 17th December 2020

​Today the Radix team is very excited to announce the completion of a significant milestone in our open source development of the first Radix public network (code named RPN-1).

RPN-1 development is broken up into four milestones that we call “drops” (more on this in a previous post). At the completion of each drop, we have a new level of functional test network that is closer to what we need for a complete and secure RPN-1 release. We’ve just completed Drop 2 of 4 – and it’s a biggie.

In this post we’d like to tell you more about what we’ve accomplished, and we will be coming back with a demo video for you very soon in January!

Okay, deep breath, let’s dive in.

Continue reading: