Thread by @Sachinderrao

If you are headed to know about DeFi future this thread cover one great initiative in same direction @radixdlt . Read through and you will be amazed things they are building #Radix #DeFi #ETH #RadFi2022 $XRD $BTC #Crypto

1/7 "Despite this growth, DeFi still represents a small fraction of the global financial system.
The problems with DeFi's technology stack stem from the fact that the underlying technologies have not been designed to work together, leading to limitations". #RadFi2022

2/7 "Radix is taking a radical approach to making web3 and DeFi mainstream by redesigning the entire technology stack from the ground up to work together including the wallet, programming language, execution environment, and user experience."

3/7"This "full-stack" approach is similar to how Tesla approached the electric car industry by designing both the car and the charging infrastructure together.
By creating a technology stack that works seamlessly together, Radix is making Web 3 and DeFi mainstream and accessible"

4/7 "The key to Radix's approach is its consensus design, which allows for scalability by not requiring any single node to store the entire state of the network."

5/7 "This consensus model has profound implications for the way smart contracts can be programmed, decentralized applications can be made safer, and user experiences can be improved."

6/7"Radix has created a new programming language called "Scrypto" specifically for DeFi and Web 3, which is intuitive and user-friendly, making it easy for developers to build and deploy DeFi applications while prioritizing asset security."

7/7 "Radix is currently in the process of launching its mainnet 'Babylon' in Q2 2023, and You all including developers and entrepreneurs are encouraged to get started with the platform now to take advantage of early adoption."

Thanks for reading. You can know more about Radix here @radixdlt
Website : radixdlt.com/radfi

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