How is Radix different? (simplified)


#1

For a decentralized protocol to be mass adopted, it should be designed to be fast , scalable , efficient and secure, but without compromising on security or decentralization. It is also critical to incentivize network participants with a low volatile cryptocurrency that eventually becomes stable and thus usable as a peer-to-peer version of electronic cash originally envisioned by Satoshi Nakamoto . Finally, it is crucial to build a developer friendly platform that everyone can build on.

To achieve this, Radix created ‘Tempo’ a combined distributed ledger architecture and consensus algorithm that is massively sharded to scale to 7 billion people and 30 billion devices simultaneously.

Radix is both asynchronous Byzantine fault tolerant ( aBFT ) to guard against 51% network split attacks and asynchronous Byzantine fault detective ( aBFD ) to detect malicious activity like double spends even with 99% bad actors in a system (or on a shard). It does this using the theory of sharding and the passage of logical time.

It does not apply consensus to every event, only to those that conflict. This allows the entire system to be incredibly efficient, even at massive scale, even with 99% dishonest actors.

This makes it possible to run a full node on even computationally restricted, low powered devices.

Radix has created a low volatility coin among other tokens/coins to truly enable the decentralized economy.