⚡ Radix is a Layer 1 protocol and development framework designed specifically to serve decentralized finance (DeFi). Radix employs a revolutionary approach to smart contract programming and developer incentives, coupled with a unique consensus protocol that solves the blockchain “trilemma” — providing unlimited linear scalability while maintaining security and decentralization. This means that Radix is equipped to meet not just the needs of DeFi today, but the needs of the entire global financial market well into the future.
⭐ Explore Radix Features - Radix brings together a completely unique set of proprietary technologies. Each one has been designed specifically to solve a critical problem on the road to widespread DeFi adoption.
They include:
✅Radix Engine Radix Engine is the application layer of the Radix ecosystem. Using a unique approach to smart contract programmability called “components” (modular, single-function smart contracts), Radix Engine empowers developers to quickly and securely build and deploy high-quality dApps on the Radix Network without reinventing the wheel every time.
✅Scrypto To combat the significant security flaws associated with DeFi, Radix is implementing a completely new, DeFi-specific programming language called Scrypto. Scrypto is based on the Rust syntax and has been carefully crafted from years of research and developer feedback. The goal of Scrypto is to give developers their time back by making security inherent to the language so that they can spend more time innovating and less time fixing bugs.
✅ Radix Blueprint Library A huge part of making Radix the best environment for DeFi developers is the Radix Blueprint Library. Developers on Radix will be able to create, share, and reuse components to quickly and securely build dApps on the network. This will all be done through the Blueprint Library, where developers will be able to upload and license their code, receiving on-ledger royalties any time a transaction is processed by a dApp that uses it.
✅ Cerberus Consensus Cerberus is the final piece of the Radix puzzle. Once Radix has built the perfect environment to build and run decentralized applications, it will need to scale. Currently there are no ledgers that have solved the blockchain trilemma, whereby either decentralization, scalability, or security must be sacrificed in favor of the other two. Cerberus uses a proprietary 3-phase BFT-style consensus algorithm that works in combination with a completely unique ledger to deliver practically infinite linear scalability without sacrificing any aspect of a Layer 1 protocol.