Scaling DeFi – Radix is a protocol for building DeFi applications
Piers Ridyard is the CEO of Radix, a layer-one protocol built for DeFi. DeFi applications are currently built on protocols that were not designed to scale. Radix has built a scalable, secure, high-throughput protocol for building applications and tokens. Building on the successes of existing public ledgers, Radix’s protocol is a permissionless framework on which DeFi services can be developed and run. Radix claims to have solved two of the biggest challenges in DeFi - scalability, and security.
Offchain Labs pushes forward with Ethereum scaling solution
Offchain Labs has released the alpha version of its Ethereum scaling solution and announced new funding from Coinbase Ventures.
Higher fees follow rising Bitcoin volumes
Bitcoin’s April rally helped push on-chain volume to a 10 month high, but despite the progress of scaling solutions, bitcoin transaction fees increased by almost 200%. What are the implications?