Radix

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What is Radix all about

What is Radix all about

All-Time High • Nov 14 2021

0.568723

All-Time Low • May 12 2022

0.070728

Market Cap

823,610,383

Market Cap 24h

-8,424,439 -1.01%

Total Volume

244,355

Circulating Supply

9,883,396,415.75

41%
Max Supply

24,000,000,000

All Time High Change

-85.37%

All Time Low Change

+17.63%

Radix is a layer-one protocol that aims to remove the limitations of DeFi. Radix knows that the future of DeFi lies in the hands of developers. As such Radix provides solutions to remove the barriers that hold developers back. With Radix, the developers will be able to build secure, complex DeFi applications fast.

The first problem Radix combats is code modularity. Standard, standalone smart contracts are difficult to reuse and standardize. This means constant reimplementation for even the simplest of functionalities, like tokens. Radix's solution is the implementation of an on-network Blueprint Catalogue. This is a library of standardized, modular pieces of code, that are easy to access, use, and modify. Thanks to Radix's open-source nature, developers can also contribute to the catalogue. Contributing developers receive royalty fees, whenever their components are used by project creators.

Smart contracts on the Radix network are "asset-oriented" contracts, planned for DeFi use. Development of these contracts is possible thanks to the Radix Engine environment and the Scrypto programming language. This approach not only makes development easier but also safe from exploits and hacks.

Scalability is one of the most common issues when talking about blockchain technology. Slow network throughput creates problems for both users and developers. Radix offers a solution to dApps scalability - a unique consensus protocol called Cerberus. Cerberus offers a different approach to Distributed Ledger Technology (DLT). It is a sharded protocol that utilizes the atomic composability system. Atomicity means that many actions can be contained within a single transaction. Composability, on the other hand, allows for seamless interoperability of dApps. This allows Cerberus to gain almost infinite linear scalability. The more nodes are introduced to the network, the faster the linear throughput of the system becomes.

The Radix token (XRD) is the native token of the Radix Public Network. XRD has a total supply of 24 billion tokens. XRD may be used to stake on the Radix network, which uses the Delegated Proof of Stake (DPoS) system. Stakers help secure the network while earning XRD tokens as rewards. XRD is also used to pay for transaction fees on the network. XRD also finds use in various dApps that are built in the Radix DeFi ecosystem.

Radix Profit Calculator

Radix Profit Calculator

Date of investment

22.08.2021

Initial investment

EUR

Bought

XRD
12.933241622614814%

Today's value would be

0
-12.93%
Investment
Loss
Questions & Answers

XRD Questions & Answers

How much does Radix cost today?

Osom expert

Price of Radix today is 0.08339400 EUR.

What was the highest price of Radix?

Osom expert

The highest price of Radix was registered on 2021-11-14, when it was at 0.57 EUR.

Is Radix expected to increase in value in 1 month time?

Osom expert

On the basis of our short term prediction, we expect, that Radix's cost will reach between €0 and €0.14 in one month.

What will Radix cost in 3 months?

Osom expert

Based on our prediction algorithm we estimate the value of Radix will be between €0 and €0.14 3 months from now.

What price will Radix reach 6 months from now?

Osom expert

The process of predicting the future over the long term is very challenging, but in accordance with our prediction algorithm we estimate that the value of Radix will be between €0 and €0.14 in half a year.

Do online users engage in Radix discussions?

Osom expert

8264 people subscribe to Radix's Reddit channel. Radix's official Twitter profile is followed by 172767 people.

Questions & Answers form

Got a question about Radix? Ask us!

10 days Radix price forecast

10 days Radix price forecast

DayPrice PredictionChange
2022-05-250.06229179-25.3%
2022-05-260.06147494-1.31%
2022-05-270.06124474-0.37%
2022-05-280.06207649+1.36%
2022-05-290.06669979+7.45%
2022-05-300.06576756-1.4%
2022-05-310.05946831-9.58%
2022-06-010.0549252-7.64%
2022-06-020.05410836-1.49%
2022-06-030.05387816-0.43%

Long term Radix price prediction

MonthPrice PredictionChange
June 220.0549252-34.14%
July 220.02441181-55.55%
August 220-100%
September 220-NaN%
October 220-NaN%
November 220-NaN%
December 220-NaN%
January 230-NaN%
February 230-NaN%
March 230-NaN%
April 230-NaN%
May 230-NaN%

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