Latest Radix updates on March 28th

Radix has been making headlines recently with important updates and announcements. During the week of March 28th, Kucoin announced the Babylon feature coming in Q2 of 2023. This feature is highly anticipated by Radvocates. Additionally, there’s the release of the Radix Name Service developed by XRDdomains, the user-friendly swap environment provided by Ociswap and the real-time on-chain notifications from Hermes Protocol. There’s also the Radix Grants Program and the weekly Meet The Team Twitter Spaces. Last but not least, Radix has also secured a funding thanks to DWF Labs. Furthermore, the Radix wallet has been updated with biometric authentication and Foton launched their Creator Launchpad. Radix is also now listed on Coinex. All in all, Radix is making great progress in the cryptocurrency world.

What is Radix ?

Radix is a revolutionary new decentralized platform that is set to revolutionize the way people build and interact with DeFi (Decentralized Finance) applications. The platform is being developed by the team at Radix, a company based in London, UK, and is set to launch its mainnet, Olympia, in December 2020.

Radix is designed to make DeFi easier to use and more accessible to everyone. It has been designed to make it faster and easier to build complex applications on the blockchain and to make it simpler for developers to create and interact with these applications. It also has a system of on-ledger royalties which will reward those that contribute dApp code to the ecosystem.

The platform is powered by a consensus algorithm called Cerberus, which provides unlimited scalability without breaking DeFi composability. This means that applications can be built quickly and securely, and users can interact with them without worrying about network congestion. The platform also has a wallet and a set of tools called Radix Connect which make it easy for developers and users to interact with the platform.

Radix also has a revolutionary new programming language called Scrypto, which is designed to make it easier for developers to write smart contracts. It is also designed to provide a more user-friendly experience for developers, with simpler syntax and fewer errors.

Radix is set to launch its mainnet, Olympia, in December 2020. This will be the first version of the mainnet and it will be used to test out the platform, gather feedback from users and developers, and prepare for the mainnet launch.

Radix is set to revolutionize the way people build and interact with DeFi applications. With its powerful consensus algorithm, easy-to-use programming language, and on-ledger royalty system, Radix is creating the perfect environment for developers and users alike to create and interact with the DeFi applications of the future.

This article was published on 2023-01-29 by Marc Endevor. Information shown in this article was gathered from the project’s website and Twitter account. Coinvestigate cannot guarantee the accuracy of this information, or any news that may have impacted the project in the meantime.