Objecting Computing and Noether DLT Develop Ethereum-based Smart Contract Platform for the Radix Ledger
Radix DLT, 24th August 2020
(London, UK) August 13, 2020: Radix DLT today announced a partnership with Objecting Computing and Noether DLT to develop an Ethereum-based smart contract platform for the Radix ledger. This system will allow Ethereum DApps to migrate to the Radix ecosystem with minimal effort, giving them the versatility of Ethereum smart contracts at the speed of Radix. Object Computing also has plans for additional enterprise features, such as private transactions and virtual hardware security modules.
Object Computing has a proven track record of developing successful blockchain solutions, providing blockchain consultation and custom smart contract development for enterprise customers using the popular Ethereum and EOSIO ledgers, among others.
Object Computing will also support onboarding new businesses and decentralized applications into the Radix ecosystem and develop enterprise-centric features for the Radix ledger software. Members of the Object Computing team were among the first to recognize the potential of the unique distributed ledger protocol that Radix has developed to bring global scale to blockchain. As Radix builds toward the launch of its public network, Object Computing will be a valuable ally to provide professional development services for applications using Radix technology.
Topic: [ANN] Radix DLT - The Decentralized Finance Protocol - page 10. (Read 3101 times)
On-ledger, Recurring Developer Revenue. Incentives to Buidl.
Radix DLT
Radix Pioneers self-sustaining, on-ledger distribution of Developer Revenue via Component Marketplace
The world runs on open source code. Collectively, that code represents one of humanity’s greatest accomplishments – a way in which we have self organised and done incredible feats of engineering together.
However, there has often been a conflict between contributing to open source and benefitting from the use of that open source code – especially if you are an individual developer coming up with a great idea for a library or snippet, but not wanting to build an entire commercial application.
With the birth of Radix, we saw that there was now a new path – one where the individual developer, as well as the dApp builder and company, can be incentivised to contribute to an ecosystem, but in a way that is market and community driven. One where versioning and payment is baked into the very fabric of how you can build and operate on ledger, while preserving transparency and the spirit of open source.
We are therefore pleased to announce a major feature of the Radix network – the Developer Royalties System. This unique system creates a new decentralised, on-ledger way for developers to generate on-going revenue for their contributions to the Radix ecosystem, while also accelerating the ability for others to build on top of this core functionality.
In this article, we are going to explain how the Radix developer royalty system works, what Radix “Components” are, and why they will be a revolution in building secure decentralised applications quickly and efficiently.
Radix DLT
Radix Pioneers self-sustaining, on-ledger distribution of Developer Revenue via Component Marketplace
The world runs on open source code. Collectively, that code represents one of humanity’s greatest accomplishments – a way in which we have self organised and done incredible feats of engineering together.
However, there has often been a conflict between contributing to open source and benefitting from the use of that open source code – especially if you are an individual developer coming up with a great idea for a library or snippet, but not wanting to build an entire commercial application.
With the birth of Radix, we saw that there was now a new path – one where the individual developer, as well as the dApp builder and company, can be incentivised to contribute to an ecosystem, but in a way that is market and community driven. One where versioning and payment is baked into the very fabric of how you can build and operate on ledger, while preserving transparency and the spirit of open source.
We are therefore pleased to announce a major feature of the Radix network – the Developer Royalties System. This unique system creates a new decentralised, on-ledger way for developers to generate on-going revenue for their contributions to the Radix ecosystem, while also accelerating the ability for others to build on top of this core functionality.
In this article, we are going to explain how the Radix developer royalty system works, what Radix “Components” are, and why they will be a revolution in building secure decentralised applications quickly and efficiently.
Breakthrough in Consensus Theory: Scaling DeFi Without Breaking Composability
Radix DLT, 21st August 2020
Check out the recently published paper by University of California Davis’ Prof. Sadoghi and his ExpoLab consensus experts that analyzed the inherent security and scalability of Cerberus’ braided consensus design.
With Ethereum currently peaking at over $100 a transaction, it’s clear that the world needs a better blockchain platform to take DeFi mainstream. That platform needs to fix the tech shortcomings holding DeFi back from broad adoption … while not breaking the stuff that has successfully taken DeFi to billions of dollars in locked assets (and counting) in a shockingly short period of time.
Top of the list of shortcomings is poor scalability, but the current solutions to this problem (simple forms of sharding and layer-2 solutions) fail the second part of the DeFi litmus test: they break composability, the most important tech enabler for DeFi there is.
Avoiding the compromises of Ethereum 2.0, Cosmos, Polkadot, and other “scalable” layer-1’s, Radix and its breakthrough consensus design, Cerberus, uniquely provide the complete solution DeFi needs.
Now, the Cerberus concept has been formally proven in a groundbreaking paper written in collaboration between the Radix team and a consensus and distributed systems Professor and his team of researchers at the University of California Davis. You can read that paper here: [link
Radix DLT, 21st August 2020
Check out the recently published paper by University of California Davis’ Prof. Sadoghi and his ExpoLab consensus experts that analyzed the inherent security and scalability of Cerberus’ braided consensus design.
With Ethereum currently peaking at over $100 a transaction, it’s clear that the world needs a better blockchain platform to take DeFi mainstream. That platform needs to fix the tech shortcomings holding DeFi back from broad adoption … while not breaking the stuff that has successfully taken DeFi to billions of dollars in locked assets (and counting) in a shockingly short period of time.
Top of the list of shortcomings is poor scalability, but the current solutions to this problem (simple forms of sharding and layer-2 solutions) fail the second part of the DeFi litmus test: they break composability, the most important tech enabler for DeFi there is.
Avoiding the compromises of Ethereum 2.0, Cosmos, Polkadot, and other “scalable” layer-1’s, Radix and its breakthrough consensus design, Cerberus, uniquely provide the complete solution DeFi needs.
Now, the Cerberus concept has been formally proven in a groundbreaking paper written in collaboration between the Radix team and a consensus and distributed systems Professor and his team of researchers at the University of California Davis. You can read that paper here: [link
The DeFi Roundtable: The Path to Decentralization Ft MakerDAO, Chainlink, Aave, Argent
Check out the DeFi Roundtable, held on July 30th with Stani Kulechov, CEO at Aave, Matthew Wright, Head of Strategy and Operations at Argent, Greg Diprisco, Head of Business Development at Maker Foundation, Johann Eid, Product Manager at Chainlink, Piers Ridyard, CEO at Radix and Jack Purdy, Research Analyst at Messari as Moderator.
The Roundtable tackled several DeFi topics that included:
- CeFi vs DeFi : The right balance between centralization and decentralization while keeping true to the ethos of DeFi
- Yield farming, staking and pooling: Is it a sustainable method of user growth, incentivization and token appreciation?
- Risks: Are there systemic risks within the DeFi ecosystem? Are collateralized assets and current incentive structures creating risks or providing organic growth?
- DeFi adoption: Are the current barriers to adoption limiting DeFi to a select crypto community audience?
Check out the DeFi Roundtable, held on July 30th with Stani Kulechov, CEO at Aave, Matthew Wright, Head of Strategy and Operations at Argent, Greg Diprisco, Head of Business Development at Maker Foundation, Johann Eid, Product Manager at Chainlink, Piers Ridyard, CEO at Radix and Jack Purdy, Research Analyst at Messari as Moderator.
The Roundtable tackled several DeFi topics that included:
- CeFi vs DeFi : The right balance between centralization and decentralization while keeping true to the ethos of DeFi
- Yield farming, staking and pooling: Is it a sustainable method of user growth, incentivization and token appreciation?
- Risks: Are there systemic risks within the DeFi ecosystem? Are collateralized assets and current incentive structures creating risks or providing organic growth?
- DeFi adoption: Are the current barriers to adoption limiting DeFi to a select crypto community audience?
How Radix is Building the Future of DeFi
Ethereum 2.0, Polkadot, Avalanche, Near, Cosmos break DeFi! Our latest whitepaper explains how Radix fixes it and makes it scale.
Radix is the first layer-1 protocol for Decentralized Finance, and today we’re excited to release our DeFi Whitepaper that explains what that means for Radix, and most importantly, the continued growth and mass adoption of the DeFi ecosystem.
If you’re a dApp builder, DeFi user, or just someone who is ready to see DeFi go mainstream, this is something you don’t want to miss!
Ethereum 2.0, Polkadot, Avalanche, Near, Cosmos break DeFi! Our latest whitepaper explains how Radix fixes it and makes it scale.
Radix is the first layer-1 protocol for Decentralized Finance, and today we’re excited to release our DeFi Whitepaper that explains what that means for Radix, and most importantly, the continued growth and mass adoption of the DeFi ecosystem.
If you’re a dApp builder, DeFi user, or just someone who is ready to see DeFi go mainstream, this is something you don’t want to miss!
Radix - The Future of DeFi
Radix DLT
Radix is the first layer-one protocol specifically build to serve DeFi. Learn more at https://www.radixdlt.com
Radix provides the decentralized finance industry with a scalable, secure-by-design, composable platform with a DeFi specific build environment to make it easy to build and launch scalable DeFi products.
DeFi is the future of finance, and Radix is the future of DeFi!
Learn more about Radix:
Website: https://www.radixdlt.com
Twitter: https://twitter.com/RadixDLT
Telegram: https://t.me/radix_dlt
Radix DLT
Radix is the first layer-one protocol specifically build to serve DeFi. Learn more at https://www.radixdlt.com
Radix provides the decentralized finance industry with a scalable, secure-by-design, composable platform with a DeFi specific build environment to make it easy to build and launch scalable DeFi products.
DeFi is the future of finance, and Radix is the future of DeFi!
Learn more about Radix:
Website: https://www.radixdlt.com
Twitter: https://twitter.com/RadixDLT
Telegram: https://t.me/radix_dlt
Radix is the only real solution to DeFi’s issues – here’s why
19th August 2020
The DeFi industry is growing. It’s maturing. It currently has $6.4Bn of assets in the system (that’s up from $2.5Bn in the last 30 days).
Yet with every step forward comes more strain on the Ethereum network. Transaction fees become even more unsustainable, and with every new DeFi application, there are new security risks, audit requirements, and even higher barriers to entry for new developers.
This isn’t anyone’s fault, Etherum was just never designed to serve the needs of DeFi, and as a result, it is constraining the growth of the industry. That is the reason Radix is building a layer 1 protocol that is built specifically for DeFi – DeFi is the future of finance, and Radix will be the future of DeFi.
However, Radix isn’t the only protocol working towards this goal, there are various approaches to tackling different issues facing DeFi. While each has their merits, in this article we are going to look at how Radix compares in the two main areas that DeFi is currently experiencing the most growing pains on Ethereum; Scalability & Development Ecosystem (security).
19th August 2020
The DeFi industry is growing. It’s maturing. It currently has $6.4Bn of assets in the system (that’s up from $2.5Bn in the last 30 days).
Yet with every step forward comes more strain on the Ethereum network. Transaction fees become even more unsustainable, and with every new DeFi application, there are new security risks, audit requirements, and even higher barriers to entry for new developers.
This isn’t anyone’s fault, Etherum was just never designed to serve the needs of DeFi, and as a result, it is constraining the growth of the industry. That is the reason Radix is building a layer 1 protocol that is built specifically for DeFi – DeFi is the future of finance, and Radix will be the future of DeFi.
However, Radix isn’t the only protocol working towards this goal, there are various approaches to tackling different issues facing DeFi. While each has their merits, in this article we are going to look at how Radix compares in the two main areas that DeFi is currently experiencing the most growing pains on Ethereum; Scalability & Development Ecosystem (security).
Radix partners with Ren Protocol to bring fully decentralized wrapping to the Radix DeFi ecosystem
Radix DLT, 18th August 2020
We are thrilled to announce that we have joined the Ren Alliance alongside other major DeFi projects such as Aave, Kyber Network, DDai and others. By joining the Alliance we further our goal towards bringing a fully decentralized wrapping solution to Radix through RenVM. Ren is already providing proven wrapping services for Bitcoin, Bitcoin Cash and Zcash, forming a key enabling technology for the Ethereum DeFi ecosystem.
The Ren Protocol allows native assets to be locked and corresponding “wrapped” tokens to be minted automatically on other public ledgers, without centralized counterparty risk. Ren’s vision is to become the inter-ledger settlement layer that all crypto assets can move seamlessly across, removing the need to trust custodians or other centralised points of failure.
“We are thrilled to be starting the work of integrating RenVM into the Radix public network, providing another low-friction bridge into the Radix ecosystem. Today, there are over $250Bn of crypto assets, with most of them locked out of DeFi. Ren’s innovations allow us to start unlocking that value, while retaining the trustless and permissionless nature of the underlying assets. We’re very pleased to be working with them to bring these assets to the Radix ecosystem as well.” – Piers Ridyard, CEO, Radix DLT.
By integrating RenVM, the Ren Protocol helps Radix move one step closer to enabling seamless bridges between the Ethereum, and Radix DeFi ecosystems, helping to fulfil our vision of reducing fees and increasing liquidity for both.
Radix DLT, 18th August 2020
We are thrilled to announce that we have joined the Ren Alliance alongside other major DeFi projects such as Aave, Kyber Network, DDai and others. By joining the Alliance we further our goal towards bringing a fully decentralized wrapping solution to Radix through RenVM. Ren is already providing proven wrapping services for Bitcoin, Bitcoin Cash and Zcash, forming a key enabling technology for the Ethereum DeFi ecosystem.
The Ren Protocol allows native assets to be locked and corresponding “wrapped” tokens to be minted automatically on other public ledgers, without centralized counterparty risk. Ren’s vision is to become the inter-ledger settlement layer that all crypto assets can move seamlessly across, removing the need to trust custodians or other centralised points of failure.
“We are thrilled to be starting the work of integrating RenVM into the Radix public network, providing another low-friction bridge into the Radix ecosystem. Today, there are over $250Bn of crypto assets, with most of them locked out of DeFi. Ren’s innovations allow us to start unlocking that value, while retaining the trustless and permissionless nature of the underlying assets. We’re very pleased to be working with them to bring these assets to the Radix ecosystem as well.” – Piers Ridyard, CEO, Radix DLT.
By integrating RenVM, the Ren Protocol helps Radix move one step closer to enabling seamless bridges between the Ethereum, and Radix DeFi ecosystems, helping to fulfil our vision of reducing fees and increasing liquidity for both.
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