Radix is a new platform, like Bitcoin and Ethereum, the difference being it is scalable and easy to build on. Radix is not another blockchain platform. Compared to others that start from layer-2 and build on the top of present technology and remain constrained because of their underlying technologies’ limitations. Radix, on the other hand, is crafted as an entirely new and unique design and is built to provide users with a Layer one protocol. So that companies, start-ups, and developers can build with freedom and without suffering constraints.
Think of Radix as a layer 1 platform and not as a blockchain application.
Radix protocol is built around a highly sharded data structure enabling unprecedented levels of scale for a distributed ledger and radix engine being A Simple, Secure Smart Contract Alternative bring all the agility and scalability that is required by decentralized financial applications (defi) .
In the future, this means that Radix will allow decentralized finance applications on different systems and ecosystems to work simultaneously without stalling other applications. The power of the Radix protocol. The Radix engine is meant to handle transactions with an FSM basis which I will explain in my upcoming video. Piers Ridyard, Dan Hughes, and the team have truly harnessed the power of Cerberus . For more information, you can visit the radixdlt blog.
This just one way of how Radix will redefine the future of DeFi. Radix- the future of DeFi.
To know about the liquidity incentive pool or radix pool please see my last video.
Radix engine and Radix ledger are two unique technology feats that we are about to witness.
To know more, visit Radixdlt.com, and to get a true Radix DLT review and more information about Radix stay connected to my channel:
Radix DLT CEO : Piers Ridyard
RADIX DLT CTO : Dan Hughes