Radix (XRD): Truth Revealed!!! | Is Radix The Next 16x Coin??? | XRD News & Price Prediction!!
What is (XRD) Radix?
A public, decentralized ledger designed for decentralized finance (DeFi) applications
Aims to serve as an alternative base layer for DeFi compared to blockchains like Ethereum
Utilizes a new consensus algorithm called Cerberus to enhance network security & scalability
Features the Radix Engine, its own smart contract execution environment
Developers can utilize the Radix Engine to map business assets to pre-built Radix components
XRD: the native token
XRD holders can participate in the network’s Proof-of-Stake (PoS) consensus mechanism
Can earn inflation rewards through their participation in PoS
History & Performance
Radix founder Dan Hughes discovered Bitcoin in 2012 & recognized its potential impact on global finance
He started eMunie (later renamed Radix) on Bitcointalk in May 2013
Dan focused on addressing the scalability issue for the next 5 years
He invented & tested various consensus architectures, including Blocktrees, DAGs, CAST, Tempo, & Cerberus
In 2017, Piers Ridyard joined as CEO, & the project was renamed Radix
Additional funding was raised from Taavet, co-founder of TransferWise, & LocalGlobe, a leading European VC
The breakthrough of Cerberus in 2020 enabled unlimited linear scalability through a cross-shard atomically composable consensus protocol
In December 2021, Radix released Scrypto, its smart contract programming language
Radix launched its Olympia mainnet in July 2021
As of February 2022, over $500M worth of XRD tokens are staked
In 2020, Radix established Radix Tokens (Jersey) Limited, a Jersey-based entity responsible for issuing & holding Radix Foundation’s treasury
Andrew Jarrett is the CEO of Radix Tokens (Jersey) Limited
ATH price: $0.651264 - Nov 14, 2021
ATL price: $0.03145312 - Nov 29, 2022
Market Cap: $635,636,285
Total Supply: 12,604,216,791
Max Supply: 24,000,000,000
Circulating Supply: 10,204,216,790
On-Chain Data
XRD Real Volume
06/03 - 07/02 / 2023: -29.96%
ETH Real Volume
06/03 - 07/02 / 2023: +91.20%
XRD Sharpe Ratio
06/03 - 07/02 / 2023: +106.87%
ETH Sharpe Ratio
06/03 - 07/02 / 2023: +427.58%
XRD Volatility
06/03 - 07/02 / 2023: +69.05%
ETH Volatility
06/03 - 07/02 / 2023: +27.03%
Latest News
Web3 & DeFi are not user-friendly for mainstream users, posing challenges in terms of complexity, risk, & cost
The architecture of the L-1 platform itself is a major barrier, limiting transactions & user control
Radix redefined transactions from scratch as part of its technology stack to address DeFi problems
Current transactions on smart contract networks are limited to calling a single smart contract with a message
This transaction design creates shortcomings such as lack of transparency for users, vulnerability to sandwich trading, limited authorization patterns, & difficulties in composing multiple smart contracts
Users cannot protect themselves from slippage, & dApps cannot pay network fees on behalf of users
Existing proposals attempt to work around these limitations but introduce complexity & risk
Radix aims to redefine transactions to provide more power & flexibility to developers & put users in control
Radix’s new transaction design enables more complex interactions, empowers developers, & eliminates the need to trust black box smart contract logic
Radix’s full-stack platform enables this innovative transaction approach
Can You Stake Radix?
Staking: crucial for Radix network’s security & functionality
The protocol generates 300M RADIX (XRD) annually, distributed among stakers
The current market value of 300M XRD is approximately $19M
The initial Radix Mainnet version, Olympia, uses delegated proof of stake for easy staking
Transfer XRD to Radix wallet, select validator nodes, & start earning staking rewards.
Price Prediction: Radix (XRD)
TECHNEWSLEADER:
2024: $0.13
2026: $0.30
2028: $0.62
2030: $1.37
DIGITALCOINPRICE:
2024: $0.15
2026: $0.29
2028: $0.32
2030: $0.63
PRICEPREDICTION:
2024: $0.13
2026: $0.27
2028: $0.54
2030: $1.14
PowerPoint slides: https://docs.google.com/presentation/...
Watch our latest YouTube video to see if this coin is worth investing in!
FREE REFERRAL PROGRAMS: Sign up & Receive FREE Rewards:
Staking Platforms: To Earn Passive Income
https://nexo.io/ref/ekb1oydtdl?src=we...
Exchange Platforms: To Buy Sell & Trade Crypto
https://www.gate.io/signup/3638992
https://accounts.binance.com/en/regis...
https://www.kucoin.com/r/rf/r3P9EZ5
We will never ask you for money, donations etc., Cryptonite is a site made for people who are looking to invest money on Crypto. The Cryptonite page is intended for information purposes only. We offer free feedback and advice but the content provided is for entertainment purposes only.
#crypto #cryptocurrency #radix
Информация по комментариям в разработке