radixprotocol.comfacebook.com/radixtwitter.com/radixforum.radixprotocol.comwiki.radixprotocol.comblog.radixprotocol.comRadixRadiox is a peer-to-peer payment system based on Ripple created by The Radix Foundation. Radix lets you easily, cheaply, and safely send money over the Internet to anyone, anywhere in the world. Anyone can create an account. Because Ripple is P2P software, no individual, corporation, or government controls it. The network operates via the combined effort of the Radix software running all over the world.
Differences between Ripple and Radix
Currency DistributionRadix: 100%
Ripple: 65%
Dev TeamRadix: Nonprofit independent group of software engineers (The Radix Foundation).
Ripple: Forprofit company
Currency -
Total CoinsRadix: 100 Million
Ripple: 100 Billion
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-No 51% attack vulnerability.
-No six confirmation delay.
-Solves the double spending problem with consensus instead of proof-of-work
How it works?
The Radix network, at its core, is a shared, public database. Within the database is a ledger that accounts and balances. At any time, anyone can view the ledger and see of all activity on the Radix network.
Computers on the network mutually agree on changes to the ledger through a process called consensus. The network reaches consensus globally within seconds. This consensus finding process is the engineering breakthrough that allows for fast, secure, and decentralized settlement on the Radix network.
Distributed networks offer many efficiencies over centralized networks. Because the network is "self clearing," it eliminates the need for a centralized network operator (and gets rid of the associated layer of fees). Because there is no single point of failure, distributed networks are reliable. And because they are open source, they tend to be more secure.
More info coming...
Distributionhttp://radixprotocol.com/index.php/distributionUnlike Ripple that will only distribute 65% of its coins publicly, Radix will distribute 100% of them on the IPO among investors.
There will be 3 stages:
Stage 1:
40% of the total RDX - 40 Million.
From 03/04/14 to 03/11/2014
Stage 2:
35% of the total RDX - 35 Million.
From 03/11/2014 to 03/18/2014
Stage 3:
25% of the total RDX - 25 Million.
From 03/18/2014 to 03/22/2014
http://i.imgur.com/aPs1jKi.pngFormula:
Personal Investment * Total Stage Coins / Collective Investment
-There's not a minimum investment amount.
-When every stage ends the results will be published here.
-Bitcoin Deposit address:
1LNftuZcoTQ8jYbwaYgDScHfDQAnec9KWBhttps://blockchain.info/address/1LNftuZcoTQ8jYbwaYgDScHfDQAnec9KWB-After making any deposit please contact us:
[email protected]-You will be replied with a voucher containing your data which you'll need to claim your RDX on March 22nd when Radix client is launched.
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FAQReadCLIENT LAUNCH DATE:
03/22/2014