Cryptocurrency Q&A
Is radix a layer 1?
Is radix a layer 1?
IncheonBeauty
Wed Nov 06 2024
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5 answers
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I'm exploring the concept of Radix and its place in the blockchain technology landscape. Specifically, I'm trying to understand if Radix is considered a layer 1 solution or if it fits into some other categorical framework within the decentralized ledger systems.
5 answers
DigitalDragon
Fri Nov 08 2024
Its main objective is to establish a platform that is not only scalable but also inherently secure in its design.
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HanbokElegance
Fri Nov 08 2024
Radix is positioned as a layer-1 network specifically tailored for Web3 and decentralized financial (DeFi) applications.
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lucas_jackson_pilot
Thu Nov 07 2024
Radix achieves this by leveraging its innovative Radix Engine, which functions as the application layer of the network.
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GalaxyGlider
Thu Nov 07 2024
Another key component of Radix is its Cerberus consensus layer, which plays a crucial role in maintaining the network's security and stability.
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Sara
Thu Nov 07 2024
Through the integration of these two layers, Radix aims to provide a comprehensive and composable DeFi platform that can cater to the needs of both developers and users.
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