I somewhat agree with your last statement. But would you not wish that you could have bought BTC when Satoshi was still working on it? I have bought some XRD because I think it will become fully decentralized and actually become top dog in crypto. People laugh now, expecially the BTC maxis, but I feel confident about the future. When Ethereum was still just an idea and not avaible on exchanges yet, I was thinking about buying it. I didn't and missed like a 1000x, Not gonna make the same mistake again.
tldr; The cryptocurrency market has returned to a state of extreme fear as Bitcoin continues to stagnate below $17K. Most of the altcoins failed to produce any meaningful gains or losses in the past 24 hours. FXS is the best performer, followed by Radix (XRD) and ImmutableX (IMX). *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
There are a variety of coins that can be staked in native wallets. Staking on an exchange is not really staking at all. Well, it is for them, because they're staking your coins, but you're just getting a reward from them minus their cut, not native rewards from the protocol itself, which is the whole point. Off the top of my head, XRD, ADA, CKB, VET, and ONE are some examples of native staking coins.
So besides btc and eth im following these projects(no shill bc i do not have all of them). Rather looking for advice. VRA , TRAC(or vet?) , CKB , SCRT , XRD , QNT , LTO , ALGO , Matic. What do you think?
Cerberus is the Trilemma Solving Gamechanger of Radix DLT $XRD "But after reading the paper I felt like “Holy, shit. I think he’s nailed it”. It was almost like reading the Bitcoin white paper again, not to blow too much smoke up Dan’s ass :) But honestly, Cerberus is really, really clever."
I had the same with Radix XRD. An original layer 1 project presented with wrong and unverified market cap and deacribed as an Ethereum EVM variation, while the project has actually the ambition to simplify and increase security by taking DeFi programming to the next level using a design with platform native assets, beyond what Aptos and Sui are doing with Move. You wouldnt tell by looking at CMC.
I would check out Radix (XRD) - it’s a layer 1 protocol purpose built for DeFi. Also, instead of a protocol designed for sending messages, like Ethereum and the Ethereum Virtual Machine (EVM) approach that many other projects use, Radix has developed a protocol and “DeFi Engine” designed for sending assets not just messages. For example, many people don’t know that ERC20 tokens on Ethereum aren’t actually assets recognized by the protocol. They’re just lists of balances stored across various addresses. The only token that the Ethereum protocol actual recognizes is the actual Ethereum token. Radix changes this, and treats all assets minted on the network as first class citizens, including all the functionality and security afforded to assets that are actually recognized by the protocol. (Much safer, easier to build on and more efficient.) https://www.radixdlt.com/post/comparing-virtual-machines-message-only-vs-asset-oriented
Nice try. With a maximum supply of 24 billion XRD tokens, Radix DLT holds 10% (2.4 billion) for future project development. Moreover, another 10% allocation is towards the future use of stablecoins on Radix. A little over 10% (2.79 billion) of tokens goes to the Radix Foundation, the non-profit arm of the Radix DeFi ecosystem. This is with the intention of supporting the Radix Ecosystem over the coming years. Furthermore, 50% of the XRD token hard cap is for network emission rewards, introducing 300 million XRD tokens into circulation each year. Also, little less than 15% of XRD tokens (4.41 billion) were initially allocated as e-Radix tokens, or eXRD tokens. That’s a full 80% in the hands of the Radix foundation. That’s how decentralization works, or in this case, doesn’t work.
If you are looking to get in earlier on one of the newer layer 1's you should check out Radix (XRD). It is the only layer 1 that will solve the trilemma without breaking atomic composability. They also have a really interesting plan to attract developers by creating a royalty system. radixdlt dotcom if you want more info.
This is by no means a shill, but - utility: project and try to actually use their serivce: \- BTC = value, \- Smart Contracts is ETH, EGLD, XRD, layer2 ETH \- Defi: Comp and AAve \- storage: Filecoin, ARWeave \- oracles: Chainlink There are other conceptually good projects, but the tokenomics, team or something else I don't like... like Helium, Sol, Algo and similar...
Most proud: XRD because it corresponds to my values: getting rid of financial institutions. Least proud: Safemoon. Even if I went in very early (the second day of its existence) and took good money from it, it was still just for money.
PoE itself is the first and only consensus algorithm that solves the scalability trilemma, as well as the 5 pillars, in its entirety. Radix, as great as the concept is, is another Proof of stake blockchain that weights validator consensus votes by the number of XRD staked to each validator node favoring and rewarding those with the most staked coins centralizing network power. Proof of ethic distributes the network power equally, giving all users and equal opportunity to forge the next block making it a more fair system. And by running a node and assuming a role to help the network function, you will be able to generate coins just by downloading the HELO app. The team behind HELO has over 30 years of experience in merchant services, non-cash transactions, and payment processing with its sister companies being National Payment Corporation and NuPay Technologies. Radix has been live almost a year and it’s worth less than it was at launch. That’s not a good sign, that to me is nothing more than a pump and dump. But….everyone is entitled to an opinion, and that is ok! The world will soon see what what HELO and PoE has to offer. Technology speaks for itself.
Radix is a big sleeper pick. Everyone promoting layer 2 scaling solution when Radix will eliminate the need for those. Roadmap also aligns well with this market cycle looking forward to early 2024 I will certainly have my bags loaded with XRD by then
Yes I have a bunch of XRD and now I try to find out if it is a huge benefit to have Scrypto. It sounds like it is, but as a non programmer I can't really know for sure what is the best language. If scrypto is much better, or if programmers see some disadvantages compared to other languages.
* Atomic cross shard composability(Radix). * Scrypto where something like soulbound tokens is just a small thing that people can do instead of everyone having to agree on a new standard (RadiX). * A max supply of tokens(EGLD, XRD and many others),
Have ypu heard about Radix $XRD? www.radixdlt.com, thank me later. Fully decentralized sharded mainnet, not even a blockchain anymore. Atomic composability. Scalability. Security thanks to a coding language (scrypto) designed FOR the DeFi industry, not as an afterthought like Solidity for ETH... Smart contracts should be switched on early next year, then watch this take over the crypto landscape slowly but surely. Not overnight, because Rome wasn’t built in a day either. But watch it go.
XRD in my opinion. As a dev I'm finding their Scrypto language to be leagues ahead of anything I've seen elsewhere. I'd advise you look into it first but even in the next 1-2 years I expect it to do well. They are incrementally rolling out the Scrypto smart contracts starting with the testnet then to the mainnet and it should be all in place within a year from now.
DCAing on Radix personally (XRD coin). It's the only chain I know of that solves the trilemma but also provides built in ways of securing against over 95% of the crypto scams that exist out there by designing it away which I feel is required to bring crypto to the masses and it's literally impossible to do with a Solidity-based chain like ETH. Resource-oriented programming is incredible in the security it provides, the ease for developers to write secure and complex DApps, and with how very quick the Radix transactions are along with low transaction fees makes it the only one with tech that feels innovative to me as a developer.
did you mean to put a p or did you mean XRD? that's the only one I see with the tech I care about. Having wallets that can assure you of what will happen before you sign a transaction seems like the main thing we need for adoption and to prevent scams. If the chain doesn't use a resource-oriented language where tokens are standardized, enforced by the language, and unable to be taken from a user unless specifically passed into the smart contract function, I don't see it taking in the long run. XRD has all the scalability and other trilemma solving stuff but the tech I care about is the smart contract language which is incredibly easy to use, has the most important security concerns designed away, and can prevent prettymuch all the wallet scams I've seen robbing people of their money. Having accounts as instantiated objects on the blockchain is also a really good thing. It means you can program the account to have any security you want and using a single keypair like other chains is just one option. It also allows me to make my own deposit and withdraw functions so that I can have coins earning money in flexible savings systems but have it auto-withdraw when I want to spend it which would have it act as though it was directly on my account. No need to worry about losing my keys or breaking my hardwallet either because I can set it up to be recoverable by using a combination of other hard wallets that I store at home, with a friend, in a safety deposit box, or wherever else and I can choose which combinations of those would allow account migration or recovery.