What is Radix?

Radix Token (XRD) is the native cryptocurrency of Radix, a layer-one blockchain protocol built specifically to power decentralized finance (DeFi) at global scale. Radix distinguishes itself through its high scalability, security, and seamless developer experience. The Radix network aims to tackle common DeFi challenges such as transaction bottlenecks, network congestion, and the complexity of smart contract development. XRD tokens are central to the Radix ecosystem, being used to pay transaction fees, secure the network via staking, and participate in governance.

What is Cerberus?

Radix leverages a unique consensus mechanism known as Cerberus, designed specifically to achieve limitless scalability without compromising on decentralization or security. By doing so, Radix ensures that transaction throughput can scale alongside growing demand, a crucial factor for large-scale DeFi adoption.

What is Scrypto?

In addition to scalability, Radix provides an intuitive developer environment through its asset-oriented programming language, Scrypto. Scrypto simplifies smart contract development by handling assets as first-class citizens, reducing common vulnerabilities and development errors.

What is Staking?

To participate actively in securing the Radix network and earning rewards, token holders can stake their XRD with validators. Validators ensure network security and performance, earning rewards for themselves and their stakers. More details on staking Radix tokens can be explored here: Radix Staking Overview.

For further details, visit the official Radix website at https://www.radixdlt.com.