One of my favorite DLT's EXRD - Radix.
The staking returns are huge at radix, for 10.000 tokens your staking the yearly returns are 4,765.25 XRD tokens.
I do think this is a nice amount of return in tokens.
Keep a good eye on Radix for the next few years, beceause i see radix becoming one of the leading DLT platforms in the next up coming years.
What is Radix?
Radix is a public, decentralized ledger built to support the creation of applications, with a focus on decentralized finance (DeFi) use cases. It uses a new consensus algorithm called Cerberus to help secure the network while giving it a higher level of performance (i.e., scalability) that could be desirable to specific applications. Radix also features its own smart contract execution environment (i.e., virtual machine) dubbed the Radix Engine, which allows developers to map business assets to pre-built Radix components. The project is aiming to be an alternative base layer to blockchains like Ethereum for DeFi applications. Radix has a native token, XRD, that holders can use to participate in the network's Proof-of-Stake (PoS) consensus mechanism and earn inflation rewards. Radix's current token, e-Radix or eXRD, is a placeholder ERC-20 token on Ethereum that will eventually be exchanged for mainnet XRD tokens.
History :
Radix founder and current CTO Dan Hughes started experimenting with Bitcoin back in 2011, working on ways to make it more scalable. After testing out different approaches, including increasing the block size and using the top available hardware, he determined the Bitcoin Blockchain capabilities stop at around 700-1000 transactions per second. He decided to go further into the decentralized ledger rabbit hole to help improve its capabilities.
In 2013, using the bitcointalk.org forums, Hughes started a project called eMunie. Between 2013 and late 2016, he explored multiple options base layer scaling solutions for decentralized protocols, including Block trees, DAGs, and Channel Asynchronous State Trees, before settling on a data structure called Tempo.
Dan started building Radix, a new base layer decentralized ledger protocol built to support smart contract development that featured Tempo at its core. According to the team, Tempo allowed Radix to hit high levels of performance during its testnet phases.
Radix is still in development. But the next iteration of Radix technology is a three-phase-commit consensus mechanism called Cerberus, which aims to further improve network security without compromising scalability. Cerberus will be complemented by the Radix Engine, a smart contract execution environment that will allow developers to create new assets and applications on top of the protocol.
The staking returns are huge at radix, for 10.000 tokens your staking the yearly returns are 4,765.25 XRD tokens.
I do think this is a nice amount of return in tokens.
Keep a good eye on Radix for the next few years, beceause i see radix becoming one of the leading DLT platforms in the next up coming years.
What is Radix?
Radix is a public, decentralized ledger built to support the creation of applications, with a focus on decentralized finance (DeFi) use cases. It uses a new consensus algorithm called Cerberus to help secure the network while giving it a higher level of performance (i.e., scalability) that could be desirable to specific applications. Radix also features its own smart contract execution environment (i.e., virtual machine) dubbed the Radix Engine, which allows developers to map business assets to pre-built Radix components. The project is aiming to be an alternative base layer to blockchains like Ethereum for DeFi applications. Radix has a native token, XRD, that holders can use to participate in the network's Proof-of-Stake (PoS) consensus mechanism and earn inflation rewards. Radix's current token, e-Radix or eXRD, is a placeholder ERC-20 token on Ethereum that will eventually be exchanged for mainnet XRD tokens.
History :
Radix founder and current CTO Dan Hughes started experimenting with Bitcoin back in 2011, working on ways to make it more scalable. After testing out different approaches, including increasing the block size and using the top available hardware, he determined the Bitcoin Blockchain capabilities stop at around 700-1000 transactions per second. He decided to go further into the decentralized ledger rabbit hole to help improve its capabilities.
In 2013, using the bitcointalk.org forums, Hughes started a project called eMunie. Between 2013 and late 2016, he explored multiple options base layer scaling solutions for decentralized protocols, including Block trees, DAGs, and Channel Asynchronous State Trees, before settling on a data structure called Tempo.
Dan started building Radix, a new base layer decentralized ledger protocol built to support smart contract development that featured Tempo at its core. According to the team, Tempo allowed Radix to hit high levels of performance during its testnet phases.
Radix is still in development. But the next iteration of Radix technology is a three-phase-commit consensus mechanism called Cerberus, which aims to further improve network security without compromising scalability. Cerberus will be complemented by the Radix Engine, a smart contract execution environment that will allow developers to create new assets and applications on top of the protocol.
