![lu5st's tweet photo. Why Radix offers a great opportunity to finally make crypto compatible for the masses.
Everyone is talking about these ominous layers in crypto these days. But how did this happened in the first place?
Satoshi had not yet mentioned it in his white paper. He wanted to scale the layer 1 of Bitcoin at least to "Visa level". Without any party tricks like Lightning, of course.
[source: https://t.co/M3Jgi4GR06]
All these theories only emerged when scalability problems arose with the adaptation of this technology. It was not only in the Bitcoin network that fees became very high when demand increased, but the first NFT hype in Ethereum with the "CryptoKitties" had shown everyone how serious the situation was and that this technology was not yet suitable for mass adoption in its current form. Fees of over $90 for a single swap cannot be acceptable.
[source: https://t.co/cSe117MGrL]
How do we solve this problem?
Traditional blockchains such as Bitcoin and Ethereum have a large, ever-growing ledger that is distributed to all nodes worldwide. The so-called "longest chain" is used to jointly agree which is the right one. Additionally secured by Proof of Work or Stake, so that attackers cannot cause any damage (Sybil attacks).
The problem with a distributed ledger is that the functionality of a multi-core processor is not possible, i.e., the parallel processing of requests. Everything has to be processed block by block. A block either has a fixed size, as with Bitcoin (1 MB), or larger blocks have to be absorbed by more powerful node hardware. Neither is ideal, especially in regard to decentralization.
And even with larger blocks, we still can't process anything in parallel. This means that we always reach a limit, which means that fees will rise again with increased demand + higher hardware requirements.
Now there is the theory: "Hey, let's solve this with more layers!"
Bitcoin, for example, with Lightning or Ethereum with Arbitrum, Optimism, and 100 other layer 2 solutions that are "above" the first layer. That sounds plausible at first, but on closer inspection, the problems become immediately apparent.
All layer 1 and layer 2 are separate entities. This is a silo of liquidity. First, a state must be locked for one chain in order to be able to change a state for the other chain.
We therefore have asynchronous states and lose the all-important "atomic composability." This means that transactions between these layers can no longer be processed in one seamless go. There is no longer any guarantee that you will receive the expected outcome. Furthermore, in the smart contract context, you can no longer assemble more complex transactions and stick them together like DeFi Legos, thus no longer mapping many interesting use cases (e.g., flash loans).
So what can we do to solve this problem fundamentally?
As per Satoshi's vision, through a scalable layer 1. It sounds so simple, but it's a damn hard problem to solve without violating the so-called blockchain trilemma (security, decentralization, scalability, and, in my opinion, the fourth important aspect, "atomic composability").
Dan Hughes from Radix took on precisely this Labours of Hercules and began his research and development over 10 years ago. First, he tried to make traditional blockchains scalable, then DAGs and many other technologies. Until he launched Tempo and now Cerberus with his very own new twist.
The peer-reviewed Cerberus is "pre-sharded" into 2 to the power of 256 mini-pieces. Each of them is a splinter, a fraction of an entire distributed ledger. This suddenly makes it possible to process requests in parallel. No matter how high the demand is, you can simply add more nodes to the network to be able to process even more at the same time and thus never again encounter this fee problem. And the more nodes validating at the same time the more decentralized – a win-win situation.
[source: @eli5defi - https://t.co/Egauw8Zy6R]
And the great thing is that nodes remain lean in their hardware requirements at any given moment! 💻
In contrast to traditional blockchain sharding, @fuserleer's Cerberus has managed to maintain atomic composability in the process. This means that no matter how complex transactions are, you will never have asynchronous lock states, unexpected side effects, worsened UX and devX, or siloed liquidity.
Because this problem was so hard to solve, it has taken many years of sweat and tears and reboots to get here now. To finally make Satoshi's original vision a reality on a single scalable Layer 1. 🌟
After years of strenuous effort and numerous setbacks, we have finally made Satoshi's original vision a reality: "one global chain."
For the past three years, I have poured my heart and soul into this project. Radix is poised to become a prominent and widely recognized player in the industry. Its technology holds the potential to propel cryptocurrency into the mainstream, marking a significant breakthrough. The upcoming milestone with "Xi'an" will introduce Cerberus onto the Radix mainnet.
Radix offers low fees, decentralization, user-friendly interfaces, and a developer-friendly environment for building decentralized applications. 🎉
Introducing $XRD - a versatile expert in the crypto space.
https://t.co/FgPgwvEx6M + https://t.co/5tKYSlzjKD 🐱
cc @Radix_ecosystem @cryptomanran @AltcoinDailyio @VoskCoin @Nicholas_Merten](https://pbs.twimg.com/media/GH0T8NqXsAA-qbW.jpg)
![lu5st's tweet photo. Why Radix offers a great opportunity to finally make crypto compatible for the masses.
Everyone is talking about these ominous layers in crypto these days. But how did this happened in the first place?
Satoshi had not yet mentioned it in his white paper. He wanted to scale the layer 1 of Bitcoin at least to "Visa level". Without any party tricks like Lightning, of course.
[source: https://t.co/M3Jgi4GR06]
All these theories only emerged when scalability problems arose with the adaptation of this technology. It was not only in the Bitcoin network that fees became very high when demand increased, but the first NFT hype in Ethereum with the "CryptoKitties" had shown everyone how serious the situation was and that this technology was not yet suitable for mass adoption in its current form. Fees of over $90 for a single swap cannot be acceptable.
[source: https://t.co/cSe117MGrL]
How do we solve this problem?
Traditional blockchains such as Bitcoin and Ethereum have a large, ever-growing ledger that is distributed to all nodes worldwide. The so-called "longest chain" is used to jointly agree which is the right one. Additionally secured by Proof of Work or Stake, so that attackers cannot cause any damage (Sybil attacks).
The problem with a distributed ledger is that the functionality of a multi-core processor is not possible, i.e., the parallel processing of requests. Everything has to be processed block by block. A block either has a fixed size, as with Bitcoin (1 MB), or larger blocks have to be absorbed by more powerful node hardware. Neither is ideal, especially in regard to decentralization.
And even with larger blocks, we still can't process anything in parallel. This means that we always reach a limit, which means that fees will rise again with increased demand + higher hardware requirements.
Now there is the theory: "Hey, let's solve this with more layers!"
Bitcoin, for example, with Lightning or Ethereum with Arbitrum, Optimism, and 100 other layer 2 solutions that are "above" the first layer. That sounds plausible at first, but on closer inspection, the problems become immediately apparent.
All layer 1 and layer 2 are separate entities. This is a silo of liquidity. First, a state must be locked for one chain in order to be able to change a state for the other chain.
We therefore have asynchronous states and lose the all-important "atomic composability." This means that transactions between these layers can no longer be processed in one seamless go. There is no longer any guarantee that you will receive the expected outcome. Furthermore, in the smart contract context, you can no longer assemble more complex transactions and stick them together like DeFi Legos, thus no longer mapping many interesting use cases (e.g., flash loans).
So what can we do to solve this problem fundamentally?
As per Satoshi's vision, through a scalable layer 1. It sounds so simple, but it's a damn hard problem to solve without violating the so-called blockchain trilemma (security, decentralization, scalability, and, in my opinion, the fourth important aspect, "atomic composability").
Dan Hughes from Radix took on precisely this Labours of Hercules and began his research and development over 10 years ago. First, he tried to make traditional blockchains scalable, then DAGs and many other technologies. Until he launched Tempo and now Cerberus with his very own new twist.
The peer-reviewed Cerberus is "pre-sharded" into 2 to the power of 256 mini-pieces. Each of them is a splinter, a fraction of an entire distributed ledger. This suddenly makes it possible to process requests in parallel. No matter how high the demand is, you can simply add more nodes to the network to be able to process even more at the same time and thus never again encounter this fee problem. And the more nodes validating at the same time the more decentralized – a win-win situation.
[source: @eli5defi - https://t.co/Egauw8Zy6R]
And the great thing is that nodes remain lean in their hardware requirements at any given moment! 💻
In contrast to traditional blockchain sharding, @fuserleer's Cerberus has managed to maintain atomic composability in the process. This means that no matter how complex transactions are, you will never have asynchronous lock states, unexpected side effects, worsened UX and devX, or siloed liquidity.
Because this problem was so hard to solve, it has taken many years of sweat and tears and reboots to get here now. To finally make Satoshi's original vision a reality on a single scalable Layer 1. 🌟
After years of strenuous effort and numerous setbacks, we have finally made Satoshi's original vision a reality: "one global chain."
For the past three years, I have poured my heart and soul into this project. Radix is poised to become a prominent and widely recognized player in the industry. Its technology holds the potential to propel cryptocurrency into the mainstream, marking a significant breakthrough. The upcoming milestone with "Xi'an" will introduce Cerberus onto the Radix mainnet.
Radix offers low fees, decentralization, user-friendly interfaces, and a developer-friendly environment for building decentralized applications. 🎉
Introducing $XRD - a versatile expert in the crypto space.
https://t.co/FgPgwvEx6M + https://t.co/5tKYSlzjKD 🐱
cc @Radix_ecosystem @cryptomanran @AltcoinDailyio @VoskCoin @Nicholas_Merten](https://pbs.twimg.com/media/GH0OCQgXsAEzi5e.png)
![lu5st's tweet photo. Why Radix offers a great opportunity to finally make crypto compatible for the masses.
Everyone is talking about these ominous layers in crypto these days. But how did this happened in the first place?
Satoshi had not yet mentioned it in his white paper. He wanted to scale the layer 1 of Bitcoin at least to "Visa level". Without any party tricks like Lightning, of course.
[source: https://t.co/M3Jgi4GR06]
All these theories only emerged when scalability problems arose with the adaptation of this technology. It was not only in the Bitcoin network that fees became very high when demand increased, but the first NFT hype in Ethereum with the "CryptoKitties" had shown everyone how serious the situation was and that this technology was not yet suitable for mass adoption in its current form. Fees of over $90 for a single swap cannot be acceptable.
[source: https://t.co/cSe117MGrL]
How do we solve this problem?
Traditional blockchains such as Bitcoin and Ethereum have a large, ever-growing ledger that is distributed to all nodes worldwide. The so-called "longest chain" is used to jointly agree which is the right one. Additionally secured by Proof of Work or Stake, so that attackers cannot cause any damage (Sybil attacks).
The problem with a distributed ledger is that the functionality of a multi-core processor is not possible, i.e., the parallel processing of requests. Everything has to be processed block by block. A block either has a fixed size, as with Bitcoin (1 MB), or larger blocks have to be absorbed by more powerful node hardware. Neither is ideal, especially in regard to decentralization.
And even with larger blocks, we still can't process anything in parallel. This means that we always reach a limit, which means that fees will rise again with increased demand + higher hardware requirements.
Now there is the theory: "Hey, let's solve this with more layers!"
Bitcoin, for example, with Lightning or Ethereum with Arbitrum, Optimism, and 100 other layer 2 solutions that are "above" the first layer. That sounds plausible at first, but on closer inspection, the problems become immediately apparent.
All layer 1 and layer 2 are separate entities. This is a silo of liquidity. First, a state must be locked for one chain in order to be able to change a state for the other chain.
We therefore have asynchronous states and lose the all-important "atomic composability." This means that transactions between these layers can no longer be processed in one seamless go. There is no longer any guarantee that you will receive the expected outcome. Furthermore, in the smart contract context, you can no longer assemble more complex transactions and stick them together like DeFi Legos, thus no longer mapping many interesting use cases (e.g., flash loans).
So what can we do to solve this problem fundamentally?
As per Satoshi's vision, through a scalable layer 1. It sounds so simple, but it's a damn hard problem to solve without violating the so-called blockchain trilemma (security, decentralization, scalability, and, in my opinion, the fourth important aspect, "atomic composability").
Dan Hughes from Radix took on precisely this Labours of Hercules and began his research and development over 10 years ago. First, he tried to make traditional blockchains scalable, then DAGs and many other technologies. Until he launched Tempo and now Cerberus with his very own new twist.
The peer-reviewed Cerberus is "pre-sharded" into 2 to the power of 256 mini-pieces. Each of them is a splinter, a fraction of an entire distributed ledger. This suddenly makes it possible to process requests in parallel. No matter how high the demand is, you can simply add more nodes to the network to be able to process even more at the same time and thus never again encounter this fee problem. And the more nodes validating at the same time the more decentralized – a win-win situation.
[source: @eli5defi - https://t.co/Egauw8Zy6R]
And the great thing is that nodes remain lean in their hardware requirements at any given moment! 💻
In contrast to traditional blockchain sharding, @fuserleer's Cerberus has managed to maintain atomic composability in the process. This means that no matter how complex transactions are, you will never have asynchronous lock states, unexpected side effects, worsened UX and devX, or siloed liquidity.
Because this problem was so hard to solve, it has taken many years of sweat and tears and reboots to get here now. To finally make Satoshi's original vision a reality on a single scalable Layer 1. 🌟
After years of strenuous effort and numerous setbacks, we have finally made Satoshi's original vision a reality: "one global chain."
For the past three years, I have poured my heart and soul into this project. Radix is poised to become a prominent and widely recognized player in the industry. Its technology holds the potential to propel cryptocurrency into the mainstream, marking a significant breakthrough. The upcoming milestone with "Xi'an" will introduce Cerberus onto the Radix mainnet.
Radix offers low fees, decentralization, user-friendly interfaces, and a developer-friendly environment for building decentralized applications. 🎉
Introducing $XRD - a versatile expert in the crypto space.
https://t.co/FgPgwvEx6M + https://t.co/5tKYSlzjKD 🐱
cc @Radix_ecosystem @cryptomanran @AltcoinDailyio @VoskCoin @Nicholas_Merten](https://pbs.twimg.com/media/GH0NLNqXYAAW5mw.png)
Olivia
Online
OfficiallyTimeWasted
@TimeOfficially
Radix Ambassador ($XRD) and crypto enthusiast. Picked my handle when I was spending too much time on twitter....now I am stuck with it😄.
C'est la vie.
Joined November 2020
129 Following
93 Followers
753 Posts
@KySportsRadio Brasa's Restaurant in Lexington. Peruvian restaurant with the best food in town, especially for the price.
I had a conversation with @KonstantinKoos, and he mentioned @Radixdlt again. I don't have any yet, but I'm going to research their tech over the weekend.
Somebody tell @Fuserleer we want to feature #Radix on the #ChainLeakPodcast. Let's make it happen! 🫶
A very good entry for everybody interested.
We are about to break out and squeeze the heck out of some shorts.
Easy profit on the horizon even within the next 24 hours.
Not financial advice! DYOR!
$XRD #Radix
So many awesome points made in this pod.
1. @radixdlt chooses to focus on making the absolute best experience to safely and seamlessly connect the mobile wallet to both desktop and mobile apps.
2. Wallets that are spending time reinventing the wheel when it comes to how users will interact with defi are probably building in the wrong direction. We need to interact with defi in a similar way to how web2 works today but in a completely decentralized and trustless way.
3. An EVM wallet showing you a simulation IS NOT the same thing as reading the transaction and setting guarantees in the Radix wallet. Things are not always guaranteed to work out according to a simulation on other networks, but on Radix, what happens during a transaction is displayed right in front of your face on screen and every transaction must abide the guarantees the user sets or the transaction will fail.
4. Because of the above point, reading a transaction through a @Ledger hardware wallet is not even important anymore... but lets be honest, the transaction info displayed from most ledgers is complete nonsense anyway. The transaction displayed to users in the mobile wallet dapp is the transaction that will happen.
I wanted ledger mobile support - literally every account I use on any chain is secured with a ledger, but I find the reasoning to move towards factors such as @thisisarculus and @Yubico solid. Being able to use multiple factors and having one of those factors on you is important to maintain a good structure of security between different personal accounts. A ledger device will never be one of those points that I would keep on me. (Just recently a friend's ledger screen died right before an important event where he needed to make a quick transaction. Even small vulnerabilities like this make the card/yubi style options awesome imo)
5. All of this comes with no other burden on developers other than upgrading the dev dapp toolkit and making sure your websites are responsive to mobile sizes.
These guys are doing a brilliant job of turning the current understanding of defi from dangerous, sketchy, and risky to safe, familiar, and decentralized. Excellent discussion @matthew_hine @PiersRidyard & Russell.
Citizens of Radix:
The moment we have been waiting for is rapidly approaching.
Unite and pioneer the future of decentralized perpetual trading. Stand with the vanguard of inSURGEnts, climb the ranks, and claim your stake in the forthcoming @surge_trade revolution.
Lets go 🫡
We are excited to introduce @radixdlt on #AlchemyPay's fiat On-Ramp! #Radix is a full-stack layer-1 protocol that makes it easy for developers to build and scale DeFi apps. Users can easily purchase $XRD via their preferred fiat payment methods to join the Radix ecosystem. $ACH
To those who want to be $early. Catch the next break. Get that lambo, buy that goat, buy that degen NFT, buy that domain, lets be $hug-ing EARLY.
Today, I proudly announce the next DeFi powered social media, Selfi Social. Follow now and and keep up to date, you legends!
The team over at @AltcoinDailyio just dropped another detailed video on Radix, this time diving further into the Radix ecosystem, Project Ignition, Surge—the first perpetual DEX on Radix ⚡️ and much more!
Watch it here 👇
https://t.co/7f78VJRqj4
@Melt_Dem You should definitely check out Radix. A non-EVM layer 1 protocol built to address the issues of crypto UX, DevEx & scalability that recently went live.
No wallet drains. Human readable transactions, and much more.
It also has an awesome community of dApps and builders.
Big moves for my partners over at @radixdlt 🤝
New grant programs will bring more developers and high level teams to $XRD continuing to grow the ecosystem.
Also bullish on bridging with @LayerZero_Labs and @StargateFinance 🔥
Plenty in the pipeline!
🚀The latest update to the Radix Ecosystem map for February is here!
📈It's fantastic to witness its steady growth month by month.
🔍Dive in and explore the diverse range of Radix projects, and uncover new ones if you haven't already!
$XRD #RadixEcosystem
Why Radix offers a great opportunity to finally make crypto compatible for the masses.
Everyone is talking about these ominous layers in crypto these days. But how did this happened in the first place?
Satoshi had not yet mentioned it in his white paper. He wanted to scale the layer 1 of Bitcoin at least to "Visa level". Without any party tricks like Lightning, of course.
[source: https://t.co/M3Jgi4GR06]
All these theories only emerged when scalability problems arose with the adaptation of this technology. It was not only in the Bitcoin network that fees became very high when demand increased, but the first NFT hype in Ethereum with the "CryptoKitties" had shown everyone how serious the situation was and that this technology was not yet suitable for mass adoption in its current form. Fees of over $90 for a single swap cannot be acceptable.
[source: https://t.co/cSe117MGrL]
How do we solve this problem?
Traditional blockchains such as Bitcoin and Ethereum have a large, ever-growing ledger that is distributed to all nodes worldwide. The so-called "longest chain" is used to jointly agree which is the right one. Additionally secured by Proof of Work or Stake, so that attackers cannot cause any damage (Sybil attacks).
The problem with a distributed ledger is that the functionality of a multi-core processor is not possible, i.e., the parallel processing of requests. Everything has to be processed block by block. A block either has a fixed size, as with Bitcoin (1 MB), or larger blocks have to be absorbed by more powerful node hardware. Neither is ideal, especially in regard to decentralization.
And even with larger blocks, we still can't process anything in parallel. This means that we always reach a limit, which means that fees will rise again with increased demand + higher hardware requirements.
Now there is the theory: "Hey, let's solve this with more layers!"
Bitcoin, for example, with Lightning or Ethereum with Arbitrum, Optimism, and 100 other layer 2 solutions that are "above" the first layer. That sounds plausible at first, but on closer inspection, the problems become immediately apparent.
All layer 1 and layer 2 are separate entities. This is a silo of liquidity. First, a state must be locked for one chain in order to be able to change a state for the other chain.
We therefore have asynchronous states and lose the all-important "atomic composability." This means that transactions between these layers can no longer be processed in one seamless go. There is no longer any guarantee that you will receive the expected outcome. Furthermore, in the smart contract context, you can no longer assemble more complex transactions and stick them together like DeFi Legos, thus no longer mapping many interesting use cases (e.g., flash loans).
So what can we do to solve this problem fundamentally?
As per Satoshi's vision, through a scalable layer 1. It sounds so simple, but it's a damn hard problem to solve without violating the so-called blockchain trilemma (security, decentralization, scalability, and, in my opinion, the fourth important aspect, "atomic composability").
Dan Hughes from Radix took on precisely this Labours of Hercules and began his research and development over 10 years ago. First, he tried to make traditional blockchains scalable, then DAGs and many other technologies. Until he launched Tempo and now Cerberus with his very own new twist.
The peer-reviewed Cerberus is "pre-sharded" into 2 to the power of 256 mini-pieces. Each of them is a splinter, a fraction of an entire distributed ledger. This suddenly makes it possible to process requests in parallel. No matter how high the demand is, you can simply add more nodes to the network to be able to process even more at the same time and thus never again encounter this fee problem. And the more nodes validating at the same time the more decentralized – a win-win situation.
[source: @eli5defi - https://t.co/Egauw8Zy6R]
And the great thing is that nodes remain lean in their hardware requirements at any given moment! 💻
In contrast to traditional blockchain sharding, @fuserleer's Cerberus has managed to maintain atomic composability in the process. This means that no matter how complex transactions are, you will never have asynchronous lock states, unexpected side effects, worsened UX and devX, or siloed liquidity.
Because this problem was so hard to solve, it has taken many years of sweat and tears and reboots to get here now. To finally make Satoshi's original vision a reality on a single scalable Layer 1. 🌟
After years of strenuous effort and numerous setbacks, we have finally made Satoshi's original vision a reality: "one global chain."
For the past three years, I have poured my heart and soul into this project. Radix is poised to become a prominent and widely recognized player in the industry. Its technology holds the potential to propel cryptocurrency into the mainstream, marking a significant breakthrough. The upcoming milestone with "Xi'an" will introduce Cerberus onto the Radix mainnet.
Radix offers low fees, decentralization, user-friendly interfaces, and a developer-friendly environment for building decentralized applications. 🎉
Introducing $XRD - a versatile expert in the crypto space.
https://t.co/FgPgwvEx6M + https://t.co/5tKYSlzjKD 🐱
cc @Radix_ecosystem @cryptomanran @AltcoinDailyio @VoskCoin @Nicholas_Merten
![lu5st's tweet photo. Why Radix offers a great opportunity to finally make crypto compatible for the masses.
Everyone is talking about these ominous layers in crypto these days. But how did this happened in the first place?
Satoshi had not yet mentioned it in his white paper. He wanted to scale the layer 1 of Bitcoin at least to "Visa level". Without any party tricks like Lightning, of course.
[source: https://t.co/M3Jgi4GR06]
All these theories only emerged when scalability problems arose with the adaptation of this technology. It was not only in the Bitcoin network that fees became very high when demand increased, but the first NFT hype in Ethereum with the "CryptoKitties" had shown everyone how serious the situation was and that this technology was not yet suitable for mass adoption in its current form. Fees of over $90 for a single swap cannot be acceptable.
[source: https://t.co/cSe117MGrL]
How do we solve this problem?
Traditional blockchains such as Bitcoin and Ethereum have a large, ever-growing ledger that is distributed to all nodes worldwide. The so-called "longest chain" is used to jointly agree which is the right one. Additionally secured by Proof of Work or Stake, so that attackers cannot cause any damage (Sybil attacks).
The problem with a distributed ledger is that the functionality of a multi-core processor is not possible, i.e., the parallel processing of requests. Everything has to be processed block by block. A block either has a fixed size, as with Bitcoin (1 MB), or larger blocks have to be absorbed by more powerful node hardware. Neither is ideal, especially in regard to decentralization.
And even with larger blocks, we still can't process anything in parallel. This means that we always reach a limit, which means that fees will rise again with increased demand + higher hardware requirements.
Now there is the theory: "Hey, let's solve this with more layers!"
Bitcoin, for example, with Lightning or Ethereum with Arbitrum, Optimism, and 100 other layer 2 solutions that are "above" the first layer. That sounds plausible at first, but on closer inspection, the problems become immediately apparent.
All layer 1 and layer 2 are separate entities. This is a silo of liquidity. First, a state must be locked for one chain in order to be able to change a state for the other chain.
We therefore have asynchronous states and lose the all-important "atomic composability." This means that transactions between these layers can no longer be processed in one seamless go. There is no longer any guarantee that you will receive the expected outcome. Furthermore, in the smart contract context, you can no longer assemble more complex transactions and stick them together like DeFi Legos, thus no longer mapping many interesting use cases (e.g., flash loans).
So what can we do to solve this problem fundamentally?
As per Satoshi's vision, through a scalable layer 1. It sounds so simple, but it's a damn hard problem to solve without violating the so-called blockchain trilemma (security, decentralization, scalability, and, in my opinion, the fourth important aspect, "atomic composability").
Dan Hughes from Radix took on precisely this Labours of Hercules and began his research and development over 10 years ago. First, he tried to make traditional blockchains scalable, then DAGs and many other technologies. Until he launched Tempo and now Cerberus with his very own new twist.
The peer-reviewed Cerberus is "pre-sharded" into 2 to the power of 256 mini-pieces. Each of them is a splinter, a fraction of an entire distributed ledger. This suddenly makes it possible to process requests in parallel. No matter how high the demand is, you can simply add more nodes to the network to be able to process even more at the same time and thus never again encounter this fee problem. And the more nodes validating at the same time the more decentralized – a win-win situation.
[source: @eli5defi - https://t.co/Egauw8Zy6R]
And the great thing is that nodes remain lean in their hardware requirements at any given moment! 💻
In contrast to traditional blockchain sharding, @fuserleer's Cerberus has managed to maintain atomic composability in the process. This means that no matter how complex transactions are, you will never have asynchronous lock states, unexpected side effects, worsened UX and devX, or siloed liquidity.
Because this problem was so hard to solve, it has taken many years of sweat and tears and reboots to get here now. To finally make Satoshi's original vision a reality on a single scalable Layer 1. 🌟
After years of strenuous effort and numerous setbacks, we have finally made Satoshi's original vision a reality: "one global chain."
For the past three years, I have poured my heart and soul into this project. Radix is poised to become a prominent and widely recognized player in the industry. Its technology holds the potential to propel cryptocurrency into the mainstream, marking a significant breakthrough. The upcoming milestone with "Xi'an" will introduce Cerberus onto the Radix mainnet.
Radix offers low fees, decentralization, user-friendly interfaces, and a developer-friendly environment for building decentralized applications. 🎉
Introducing $XRD - a versatile expert in the crypto space.
https://t.co/FgPgwvEx6M + https://t.co/5tKYSlzjKD 🐱
cc @Radix_ecosystem @cryptomanran @AltcoinDailyio @VoskCoin @Nicholas_Merten](https://pbs.twimg.com/media/GH0Ui4RWAAAkozm.jpg)
I must be delusional, right?
#2 spot for an L1
- with linear scalability (proven via peer-review and public community tests)
- with a VM that actually works and protects users from most hacks and exploits
- making developing dApps 10x easier
- human readable transactions
- native account abstraction
- etc etc etc
Ethereum #2 on the other hand seems... right?
Up to 150% APY currently on @CaviarNine
The way I see it $XRD is still an undervalued coin. The leading DEX’s token $Caviar even more so.
Hence why the incentive on the $CAVIAR / $XRD pool is a crazy opportunity to earn either way.
Get involved with #Radix and its ecosystem for early opportunities!
https://t.co/3pw5v8ouOg
I think my work testing the swaps & linear scale with #cassie is done for now 😎
Double the validators + 16 shard groups + 16 pools = 9000 swaps per second 🥳
#radix #crypto #blockchain $xrd
Absolute mindblowing. 9000 smart contract calls per second, not even simple token transfers
Scalable by simply adding more nodes
No loss of atomic composability (essential for DeFi)
You could run entire world on this, billions of TPS possible
The power of @radixdlt
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@elonmusk
240.3M followers
Barack Obama
@barackobama
119.3M followers
Donald J. Trump
@realdonaldtrump
111.6M followers
Cristiano Ronaldo
@cristiano
109.7M followers
Narendra Modi
@narendramodi
106.9M followers
Rihanna
@rihanna
97.4M followers
NASA
@nasa
92.1M followers
Justin Bieber
@justinbieber
90.7M followers
KATY PERRY
@katyperry
87.2M followers
Taylor Swift
@taylorswift13
81M followers
Lady Gaga
@ladygaga
72.6M followers
Kim Kardashian
@kimkardashian
69.6M followers
Virat Kohli
@imvkohli
69.1M followers
YouTube
@youtube
68.6M followers
Bill Gates
@billgates
63.6M followers
The Ellen Show
@theellenshow
62.5M followers
CNN
@cnn
61.9M followers
Neymar Jr
@neymarjr
61.8M followers
X
@x
60.9M followers
Selena Gomez
@selenagomez
60.3M followers