Radix ICO Review

Radix

A high-throughput protocol for building decentralised apps, tokens & coins.

Radix Score



Radix has invented a new consensus architecture called Tempo. It uses “time” generated by network activity, to create a provable order of related events.This asynchronous, trustless consensus system does not require large amounts of computing power (Proof of Work) or large amounts of capital (Proof of Stake) to secure it. Combined with a huge, overlapping shard space, the scalability of Radix is only constrained by the number of Nodes operating.

LINKS

WEBSITE WHITEPAPERS

SOCIAL MEDIA

REVIEW VIDEO

TOKEN SALES

METRICS

Green lights

– Secure system providing nodes with a historical record of the generated temporal proofs can participate. – Alpha live as of the 19th June 2018 prior to ICO. – Create your own assets, tokens and coins. – Aims to allow you to pay anyone, anywhere within 5 seconds. – Ability to build fully decentralised Apps. – Have been established since 2012.

red flags

– No token economics available. – Lock-up period for team & early investors unknown. – Good roadmap of the past 5 years work, but not much on what holds for the future. – No proof of Advisors, needs more transparency.

Radix
DETAILED ANALYSIS

ICOs Found

ADVISOR SCORE

Unknown

Unknown – No known Advisors on board, we hope they will show some transparency soon.

TEAM SCORE

Unknown

Medium – 13 full time members, young team with some proof of blockchain experience.

HYPE SCORE

Unknown

Medium – A good following Twitter & Telegram, but lacks influencer knowledge & media coverage. Still early days though, so we see n reason for it to Hype once people catch onto it.

TOKEN SCORE

Unknown

Unknown – No token metrics available. We look forward to seeing what these metrics are in the coming months.

CONCLUSION

Radix proposes a method for determining total order of events within a distributed system, without relying on trust, that is scalable, efficient and agnostic to its operating environment. To reduce overhead & increase performance, thier solution defines a structured, shardable architecture that limits state transfer information to only members of the network that need it. A peer-to peer network provides the means for communication and information routing via a reliable and robust gossip protocol. Nodes maintain a logical clock when witnessing events and periodically produce a tamper-proof commitment representing those events. When witnessing events, nodes collaborate to create Temporal Proofs which contain verifiable space-time coordinates which are used to construct vector clocks and determine when an event was first seen by the network. Nodes can join and leave the network at will and rely on detectable consistency anomalies to synchronise and bring them up to date.

0

ADVISOR

5.6

TEAM

3.8

HYPE

4.5

TOKEN

highspeed

CATEGORY

All information including our "Grading system" rating, is provided merely for informational purposes. ICO DOG does not provide investment advice (read more).

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