Our Crypto Talk
Our Crypto Talk

@ourcryptotalk

14 Tweets 59 reads Apr 22, 2023
Have you heard about the $RXD? ๐Ÿ’Ž
What makes it unique?
Why should you pay attention?
Is $RXD the next 10x gem?
๐Ÿ”ถ What is Radiant?
๐Ÿ”น It is a layer 1 solution which claims to never need secondary layers.
๐Ÿ”น It is a peer-to-peer digital asset system that solves three main problems -
๐Ÿ”น High Costs - Radiant claims to have reduced txn costs and blockchain operability.
๐Ÿ”น Instability - Stable, always available chain.
๐Ÿ”น Scalability - Fixes the limited scaling of existing blockchains.
๐Ÿ”ถ Features of Radiant
๐Ÿ”น 5 min block times - Twice as fast as Bitcoin
๐Ÿ”น 1000 txs/sec - Handles 1000 requests per second with a 256MB block size
๐Ÿ”น Unique PoW consensus algorithm.
๐Ÿ”น Induction Proof - Allows efficient composition of outputs in any manner, without compromising scalability.
๐Ÿ”นAccount Emulation - Due to induction proof, it is possible to create globally unique identifiers and implement accounts in the UTXO based architecture.
๐Ÿ”ถ What is $RXD ?
๐Ÿ”น $RXD is the token miners earn for validations on the blockchain.
๐Ÿ”น Very unique is this statement on the website โ†’ The project claims $RXD is solely used as incentive in PoW.
๐Ÿ”ถ Tokenomics
๐Ÿ”น The total supply of Radiant is predetermined for 21 Billion, with a 50,000 block emission and 2-year halvening time.
๐Ÿ”น Currently, there is a 24% circulating supply.
๐Ÿ”น All coins were mined independently to set the Radiant blockchain in motion and are owned by no single entity.
๐Ÿ”ถ $RXD Price
๐Ÿ”น The only hiccup right now is that $RXD has already had a 5x in April 2023 and there is no clue on how much higher can it go from here. So, certainly no NFA on here.
If you want to read up more on the inner workings, do not miss this awesome thread by @JJMcD93 -
๐Ÿ”น Want to learn more, check out the whitepaper here โ†’ radiantblockchain.org
@0xFitz @Mikee_93 @MoonshotsApe @Paul250889 @CryptArchitect_ @RXD_Community @JJMcD93 @2xnmore If you enjoyed this thread:
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