Piers.xrd | RDX | Radix
@PiersRidyard
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CEO RDX Works, a core developer of the layer 1 protocol, Radix, a network entirely focused on bringing DeFi into the mainstream.
London, England
Joined December 2008
Today, the crypto experience is poor for users, developers and capital. SpaceX had to re-think everything about the space rocket to dominate the industry. Radix is doing the same for DeFi & Web3, starting with the biggest problems first: hacks and the crypto UX. Let's dive in:.
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All platforms that simply copied Solidity and the EVM and added "scalability" are going to become irrelevant in 2023. Change my mind.
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Ok guys - no, just moving the new Bored Ape Yacht Club project to [insert layer 1] running the EVM is not going to solve the Bored Ape/ApeCoin/NFT issue. A thread. 🧵.
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A counter narrative to the current Layer 2/Rollups/ZK thesis:. The idea that just solving scalability is going to magically solve all the other issues with crypto; or that all the other issues are somehow "easier" to solve, seems. self delusional. A short thread.
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The three cardinal sins of crypto: seed phrases, non-native assets, and blind signing. Join me as I speed run the history of crypto, and what lessons have gone into building better with Radix: .
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Since Radix is so radically different to everything else, the path to getting a Radix revelation can be a long one. I thought a handy twitter list of materials would be helpful. Here is my rough guide to a Radix revelation 🧵.
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This is huge for the potential of aggregated dApps on Radix, and brings the future of usable Web3 one step closer: The future may be multi-chain, but not how most people think it will be.
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My 2c on the Curve/Vyper drama over the last few days:. 1. Public open protocols and communities are getting incredibly robust in spotting and reacting to hacks/exploits. This should be a point of pride for the whole space - while mistakes made in public are more painful than.
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1/n To kick off the soon-to-launch Radix Babylon network, I have done a primer on Ethereum concepts translated into Radix concepts that will be live with Babylon. If you are excited about ERC 4337, ERC 6900 or LSDs like Lido, this is a great thread for you. #Babyloniscoming.
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The number of people pointing out the UX of crypto is broken has grown massively, which is great! . Just in time for the #Radix Babylon network to launch. Crypto UX will never be the same again.
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Moderating a panel of absolute legends at Token2049: @el33th4xor (@avalancheavax), @EliBenSasson (@StarkWareLtd), @evanashapiro (@MinaProtocol) & @Stan_Kladko (@SkaleNetwork). Topic: Scaling Blockchains Towards Mass Adoption. What questions do you want to hear answered? 🧠🧠🧠
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Meet Trove - a market place for setting up custom swaps on Radix, letting you offer any crazy combination of NFTs and Tokens that your heart desires. Particularly awesome is the founder only started coding this year, and it looks so good already!.
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.@yaffebellany $2Bn of #DeFi hacks in 2022 alone. Let's fix the source of the problem rather than continuing with broken tools. @radixdlt is coming. #Scrypto is here. $XRD
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While I cannot understand it, I *think* this is a translation of our Cerberus white paper into Turkish?! Amazing work, thank you @hknatabas.
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Babylon Betanet has shipped right on schedule. Here is a sneak peak at all the new things:.- Ledger Enforced Royalties.- Recallable Token Types.- Real World Time for dApps.- Radix Wallet Dev Preview.- Dashboard dApp Preview.- Radix Web UI SDK.- Gateway SDK.- Radix Engine Toolkit.
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Such a pleasure hosting the Scaling Blockchains panel for @token2049. Thank you to @el33th4xor @EliBenSasson @evanashapiro @Stan_Kladko for being such great sports - pleased to report that building new layer 1’s won the debate 😆😆
Moderating a panel of absolute legends at Token2049: @el33th4xor (@avalancheavax), @EliBenSasson (@StarkWareLtd), @evanashapiro (@MinaProtocol) & @Stan_Kladko (@SkaleNetwork). Topic: Scaling Blockchains Towards Mass Adoption. What questions do you want to hear answered? 🧠🧠🧠
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The modular blockchain thesis is wrong - this article from @KyleSamani is the best articulated argument I have seen publicly as to why:. Also part of why we built #Radix as an integrated stack. Modularity is a disadvantage here.
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New Indian CBDC initiative, in partnership with DCWallet - powered by Radix. Announced today: TLRD in thread.
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The #Radix Cassandra test network running at 650 swaps per second on a single shard. This is before adding the 2^256 shards of the final network topology. #Solana maxes out at 273 swaps per second for the entire network: @fuserleer is cooking with gas.
#cassie flat out spamming a #swappool. Single shard 64 node network to obtain a baseline for sharded tests. Nodes are the usual 4 core / 8GB / SATA SSD VMs I use for tests. Execution is single thread. Achieves ~650 swaps per second😎. #radix $xrd #defi #crypto
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Congratulations to @binance on their recent BNB listing on Surge 💪🔥.
proudly welcomes @binance & @BNBCHAIN . Trade #BNB with up to 20x leverage and witness the unbridled performance and user experience provided by the Radix tech stack. All profitable trades in the next 72h from 13:00 UTC today will also earn a share of
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Human readable transactions on Radix. Every step is clear. Every dApp interaction is clear. Every asset you use is explicit. No guesswork. #RadFi2022
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The @radixdlt and @LayerZero_Labs announcement is finally out!. This will trustlessly connect the Radix network to 25 live networks, including #Ethereum, #Polygon, #Arbitrum #Aptos and many others - with more coming soon. Special thanks to @PrimordialAA and his excellent team.
Web3 interoperability unlocks cross-chain communication and benefits for users and DApps through strategic partnership.
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Great catching up with the legendary @woonomic and @rargulati of @CoinList at #Token2049 . Definitely long Asia after this trip.
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Just read the @a16zcrypto crypto report. It seems that @cdixon is primed to have his Radix Revelation:. “There are various exponential forces in the world to look out for, as they can be indicators of rapid future growth. in software, it’s composability.”. A short thread 🧵.
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A brief history of the adoption of crypto ideas from the crypto industry, to enterprise and to governments. 2009.Crypto: Blockchain is neat.Enterprise: 😆.Government: 😡. 2013.Crypto: We want our own blockchains!.Enterprise: Blockchain is neat.Government: 😐. 2017.Crypto: Tokens.
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Good morning all - this is it, the week that Babylon goes live. Extra shoutout to the #Radix builders who are grinding every day to make greatness. We are in the final stretch to launch; it’s all to play for - let’s show the world why Radix has been worth waiting for. 💪💪💪.
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This week @CaviarLabs introduces Shape Liquidity; an upgrade to the Uniswap v3 concentrated liquidity model, launching on #Radix after Babylon goes live:
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After months of working with leading market makers, hedge funds and prime brokers, a new Institutional DeFi product has emerged in Blend - a dApp being built on Radix to address one of the largest markets in crypto - the lend/borrow business.
Crypto lending has stalled at just 10% of its 2022 peak. Blend is here to unlock the remaining 90% of untapped liquidity with secure, transparent, and efficient borrowing and lending—bringing institutions into the full potential of the DeFi and Radix Ecosystem.
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India is one of the largest countries in the world, with one of the largest single populations of unbanked and under-banked people. Radix, with it’s hyperscale potential, unmatched asset model and security, and incredible user experience, is the perfect public network for.
New Indian CBDC initiative, in partnership with DCWallet - powered by Radix. Announced today: TLRD in thread.
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Mind-blown. A flash-loan implementation in Scrypto has been done already. 🤯🤯🤯🤯. Scrypto has been out for less than two weeks, and one of the most sophisticated dApp actions in DeFi already has a first implementation. Less. Than. Two. Weeks. Unreal.
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1/x On a recent DeFi Download podcast with @Paperstreetcap I mentioned that Blueprints on Radix were not just useful as templates for deployment of smart contracts, but could also be used as smart contract deployment orchestration layer; like Kubernetes for container management.
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For those that don’t know if this is a big deal…getting Apple approval, to any kind of schedule…yea it’s a big deal. Especially for a brand new crypto wallet. This is all due to meticulous planning and execution, so hat tip to the whole wallet team.
📱 Radix Wallet Update 📱. Radix Wallet 1.0 for iOS has officially been approved for the App Store.
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Just gave a talk to Google. That was pretty cool.
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The upgrade of the Radix network has been successfully completed. dApps can now be deployed, and the Radix Ecosystem can finally go live on Radix. LFG!!.
The Radix Babylon Mainnet Upgrade is now complete!. A new chapter in Web3 and DeFi has begun, welcoming a radically better experience for developers and users alike. Here's everything you need to know about the Babylon Upgrade 👇🧵.
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Intent based trading on Radix now on testnet. Gearing up for bringing centralised exchange liquidity into Radix DeFi. Anthic is coming.
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While others wrap up for the year, Radix is firing up the engines. 🚀 Big things are cooking @radixdlt.
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Holy moly. Just done the second batch of interviewing Babylon Booster grant applications. The Radix community is not messing about with what they are building for Babylon. So. Damn. Excited.
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Huge shoutout to everyone in the Radix community that has helped make sure Radix gets listed correctly! You guys are awesome.
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Good morning everyone. Almost a decade of work goes live in less than 2 hours. #BabylonIsComing.
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After 24 hours #RadFi2022 has already reached 25,000 views. 🤯🤯🤯. If you haven't already seen it, check out what all the hype is about here:
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Its official - the Radix Babylon network will natively support liquid staking. More details will come later this year, but, man, am I excited :-D.
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So bullish about LayerZero coming to Radix.
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So pumped for Consensus 2023 💪💪. I’ll be on the Radix booth 605. Drop by and let’s chat about building. Babylon is coming….
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@lexfridman Let's do it! Decentralised Finance (DeFi) will eat the world of finance and I'd love to talk to you about why. I host my own podcast (the DeFi Download) where I have spoken with number of the biggest founders in the DeFi space. I'm also a finance geek, so this is my jam.
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Bitcoin soaring to new heights is a testament to the power of resilience, a strength the #Radix community has demonstrated at every turn. There’s truly no community like ours. Radix fam, I hear you; let's shift gears and make this happen. 💪🫡.
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Going to be aping into $Hug and $Early with my Project Ignition incentives. For the culture. Definitely not financial advice.
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“Just as British scientist Sir Tim Berners-Lee revolutionized the world of information by inventing the internet, Hughes now has the opportunity to transform the landscape of financial freedom with Radix.”. Preach @DailyMailUK .
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Good to see #Scrypto turning up in the data already, keep those answers on Stack Overflow going Radix Fam!. Credit to @moo9000 and @TradingProtocol
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Already live on Radix.
Today Ethereum Foundation researchers proposed a path forward for native account abstraction.
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Radix Labs Hyperscale Alpha Network Test .December 18, 2024.Radix Labs and @fuserleer can’t stop and won’t stop delivering on TRUE scalability. Let's go @radixdlt 💪🚀.
Radix Labs Hyperscale Alpha Network Test = Dec 18, 2024. Targeting a sustained 1M+ complex TPS!. This is a real-world style test: globally distributed nodes, complex transactions, and all essential features enabled. No shortcuts, no gimmicks—just authentic scalability.
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Probably nothing.
Coinbase Custody now supports deposits and withdrawals for $DPI, $EXRD, and $PERP. Details here →
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Spicy take - all the crypto metas I saw at ETH Denver like enshrinement, account abstraction, intent based transactions and parallel processing were discovered and planned into Radix years ago. Radix is insanely well set up to melt faces. Just need to get bridging sorted ✌️.
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Huge news - DeFiPlaza, the most gas efficient DEX on Ethereum is coming to the Radix network and has partnered with CerbyMask guys to nail the user experience as well. WAGMI. #RADIX #DeFi.
It is our pleasure to officially announce that DefiPlaza will make an appearance on the Radix public network. We have formed an alliance with the team at @CerbyToken to join their ecosystem.
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Always appreciated when people go deep in Radix - this is a fantastic piece of research from Coin Bureau on Radix. Love to see it.
Radix is a relatively unknown blockchain with lofty ambitions and a unique approach. Check out how Radix is making DeFi better for the masses 👇.
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Good morning to everyone, especially those who are getting up early tomorrow to welcome the dawn of Babylon.
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In the realm of Radix, a network is born, .RCnet's arrival, the Babylon dawn. Tested and ready, so swift and keen, .A new promise of crypto, like none ever seen. #Radix #Babylon #RCnet #CryptoPoetry.
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Question - what attracts the attention of exchanges like Binance and Coinbase for listing a L1 token. A thread. .
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#RadFi just passed 50k streams on youtube. If you haven’t had your Radix Revelation yet, what are you waiting for? . Dive in here:
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Shoutout to @IvanOnTech for bringing #Radix to the attention of the excellent @ctoLarsson in their recent video collab: Also, Ivan fully gets it and I am totally here for that. Radix, the Apple of crypto. ♥️♥️.
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Consensus 2023 was a massive overall win for #Radix . A huge thank you to @CaviarLabs @ociswap @HermesProtocol @XRDdomains and @FotonSDK for their hard work and focus on the stand. Also a massive thank you to everyone from the community and beyond who helped and came to say hi.
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After many months of work, I am happy to share that Radix Connect for Mobile dApps is now out - very excited to start using Radix dApps on the go!.
Radix Connect for Mobile dApps - Out Now! 📲. The Radix Wallet v1.7 extends Radix Connect functionality to support mobile dApps. Users can now seamlessly connect with dApp web pages running in any mobile browser on the same phone. 1/7 🧵
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Just wrapped an interview with the founder of a top-tier DeFi investment firm. Obviously couldn't resist a shoutout to Radix's very own @Hug_Radix and @EARLY_Radix 🎙️. Looking forward to the podcast episode dropping soon. Great chat .
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The falling knife was not caught. What happens next is going to be ugly. This is going to test the entire crypto industry, and the world’s patience. Crypto will survive; then it will thrive. We have never needed DeFi to work properly more than we have at this moment.
As a result of corporate due diligence, as well as the latest news reports regarding mishandled customer funds and alleged US agency investigations, we have decided that we will not pursue the potential acquisition of
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The FTX fiasco.The Celsius meltdown.The 3Arrow blowup. DeFi is looking more and more attractive by the day.
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Meeting of the minds on stage at #blockchance with @feindura - good to meet someone as passionate about UX as we are. Shoutout to the @lukso_io community!
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If only Solana could actually scale DEX transactions 😅. What is actually happening: Why it is happening: Radix solves this.
Over the past 24 hours, Solana DEX volume has been higher than Ethereum mainnet and all Ethereum L2s combined. Wow.
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Crypto liquidity in DeFi today is fragmented, with users having to go from wallet to wallet and chain to chain to trade. No wonder there are around 420 million centralized exchange users and only around 5 million DeFi users.
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Project Ignition live today 14:00 UTC 💪. Add xwBTC, xETH, xUSDC, xUSDT to Radix DEXs and get an immediate payout of up to 20% in XRD, plus maximise DEX fees and incentives. Find out more here:
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Fully integrated chrome wallet for the Radix network. Anyone who wants a fully desktop experience on Radix now has that option. As with all new wallets, test with caution. These guys have killed it on the UI work though - looks so nice.
Z3US beta is now available on the chrome store!. ✅ Direct seed, private key and ledger support.✅ Real-time transaction activities. ✅ Market data and trading insights.✅ Address Book.✅ Radix dApp toolkit.integration. Download now! 👉 $xrd @radixdlt
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Natively supported NFTs in the Radix Wallet - with Metadata automatically pulled in from the NFT itself and displayed in the wallet.
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The Maya Protocol integration with Radix is complete!. $500k+ in liquidity for XRD to swap between all the available Maya pools. Users can now trustlessly exchange cross-chain, using CacaoSwap, from BTC, ETH, USDC, Arb and many more.
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Radix addresses the 3 biggest challenges in DeFi:.1. Scalability without losing atomic composability.2. Robust security for builders and users.3. A frictionless and intuitive user-friendly experience. 🙏 @EBlockchainCon for the interview
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10/10 on audit. Radix tech strong.
🏅 Top Marks for Radix Engine! 🏅. Radix Engine scores a flawless 10/10 in @hackenclub's rigorous audit!. Dive into the full details here:
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Good morning to everyone, especially those counting down the days to Babylon 💪💪.
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Scrypto now feature complete. Latest Node, Radix Engine and Scrypto now live on RCnet v2. Some cool new functionality has made it too. Things are heating up. Check it out here:
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The Final Countdown!!. Once the Radix node runner community has accepted this protocol update, the Babylon date is locked in. Huge hand to everyone inside and outside of RDX that has been part of making this happen. Let's gooooooooo.
The final update to the Olympia public network has now been released to node runners. Once this update is accepted by the Olympia validators, this will enact an irreversible countdown to Babylon ⏳. A new era for Web3 & DeFi is almost here.
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The collapse of FTX only underlines why what we are releasing on the 8th of December at RadFi is going to be so important. Make sure you tune in: The future now can only be DeFi that works.
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Yubikey multi-signature security supported DIRECTLY ON THE RADIX LEDGER. You can use a Yubikey to secure your crypto spending in a way that cannot be circumvented by hacking the phone. Only with Smart Accounts on Radix. #RadFi2022
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*Refreshes DeFi Llama* - now $13m in TVL 💪.
$10,000,000 TVL on @DefiLlama 🎉. The #Radix community has been out in force this week, adding over 2.5m in the last two days!. $XRD
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This. This is why we built Scrypto. DeFi talent at hyper speed. WAGMI.
First time Scrypto, first time Rust, first time building dApps. In less then a weekend I managed to contribute a crowdsourcing campaign dApp example to the Scrypto community repository. 122 lines of code. Surprised how easy it was. $XRD @radixdlt.
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AI Oracles for DeFi actions are coming to Radix.
An Oracle for limitless dApps. We're thrilled to introduce the first product built on GenLayer: The 'Intelligent Oracle.'. It isn’t yet another incremental update to oracles, but a leap to redefine how dApps interact with the real world. Here’s why it matters ⤵️
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1 million swaps per second. 1. million. swaps. per. second. That is approximately how many messages per second are sent on WhatsApp. Not your average test net.
Punched past 1 million swaps / second for the first time! 🥳. A bit of memory thrashing I need to look at (validators are only 8GB remember) but otherwise all green. Can taste the success at this point. It's good!
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Reading the submissions for the latest Scrypto coding challenge makes So.Frickin.Excited for #Radix Babylon. If you do nothing else, read the testimonials from each developer about Scrypto and the Radix Engine:
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Huge achievement to get a perfect score on your audit, especially in a new programming language and on a new platform. Sterling work by the CaviarNine team!.
Absolutely thrilled to announce that Shape Liquidity our Concentrated AMM DEX has received a perfect 10/10 score in Documentation, Code, Architecture, and Security by Hacken! . A testament to the hard work and expertise embedded in #CaviarNine. We warmly invite the
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For those that might be worried - we do not have any exposure to SVB. We have low exposure to USDC. We will continue to monitor the situation and manage risk accordingly.
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