Radix protocol has emerged on the blockchain as a new public downloadable open source code that can be used to achieve a shared ledger and effective connection to all computer users such that they have a seamless way of connecting to each other and finding adoption on all types of system. It allows all computers connected to it to use the same type of protocol and enjoy the same public ledger with the autonomous advantage that is gained from the use of the blockchain. However, this platform has shared a version of it for express adoption and as it is, it will be identified by its name.
ABOUT RADIX TOKEN (XRD)
This token is meant to serve the intended use in RADIX network as a token to be used for making payments or for getting one service or the other. It is actually a non-renewable token and is represented with XRD. It is use to secure the platform and to make sure the plans of the team is executed when it is used as a token in the ecosystem. The RAD ledger uses the token for making payments, getting services and to maintain the ecosystem to make all users free and able to interact with one another.
For every operations done on the network, the users will have to pay fees with the RADIX token which is the acceptable way to facilitate such operations and to define the real protocol of the system. It is however not possible to be a user and not use RADIX
THE ROLE OF THE PROOF OF STAKE
There is a great need to make this platform very secured against attack by using the proof of stake consensus which ensures protection for all those holding the token. It helps them to be safe and to earn as they stake RADIX token in the platform. This is what this ledger will achieve as it should.
The ledger makes users able to stake and control how they do so with tokens. It also gives them a protective means and connect the tokens used by users to nodes. The benefit of staking in this medium is to increase the cost and use of RADIX token and the value of the ledger on its own so that many more users can do so and the token becomes a lot more valuable and staked continuously.
CONCLUSION
This platform also have node runners whose job is to receive delegated stakes from users. They secure the platform in this way and they make many more people make use of the proof of stake which is very important. This is how the nodes created relates to the tokens and then the overall RADIX ledger is completely secured. Because of the use of node and all other token activities in this platform, Radix protocol will engage in continuous token emission such that stakes are delegated as tokens are emitted. The users in this platform will be able to stake and earn, they will also be able to adopt Radix to solve real life problems and be secured in their finances.
USEFUL LINKS
Radix DLT Website: https://www.radixdlt.com/
Radix DLT Medium Page: https://medium.com/@radixdlt
Radix DLT Official Telegram: https://t.me/radix_dlt
Radix DLT Official Twitter: https://twitter.com/RadixDLT
Radix DLT Whitepaper: https://www.radixdlt.com/#white_papers
Radix DLT Official Facebook: https://www.facebook.com/RadixDLT/
AUTHOR'S DETAILS
Bitcointalk Username: Pullorient
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2767518
ETH Address: 0xe5606BEeB683e1A627359efAC745b7391752d8aC