Radix Report — from RDX Works — 21st April 2022 | The Radix Blog | Radix DLT

April 21, 2022

The first Ethereum meetup I ever went to was in a pub in London. There were 12 people there, the floors were sticky, and a guy called Stephan Tual was just starting to think about IoT and DAOs…

The crypto space has come on a long way since then, but the common threads are there — the things that bind together the community at the start of something new are not proof, but belief. Back then we (the Ethereum community) believed in the idea of unstoppable applications built on decentralized ledgers — there were no DAOs, no DeFi, no dApps. Eth didnt even really trade on any exchanges yet.

We had no evidence to go on, we just believed that it would be huge one day, and we acted on that belief — it was obvious in hindsight, but it was so fragile then. We wanted it to be true, and so we built things on that belief.

I see the same energy emerging from our Scrypto developer community today — it is fragile, but there is a core of belief — there IS a better way to build DeFi, smart contracts, and Web 3.0. There is a belief that it is going to be huge one day, and we are seeing people act on that belief.

That is how incredible stuff happens. Not by being a follower, but by trusting your gut and being a leader. Everyone building with Scrypto right now, you guys are what makes this all happen. You are the heros here — especially those that are giving their time to get others started.

To everyone else thinking about getting started, what are you waiting for? Leaders don’t FOMO, they create the FOMO.

Get started now: https://developers.radixdlt.com/

Strategy & Marketing (Adam Simmons, CSO & Jeremy Epstein, CMO)

There’s nothing more to say than RESPECT to Crypto Dog for catapulting himself to instant legend status with this fantastic XRD tattoo.

By no means, though, does he have the monopoly on Radix passion, as we’ve seen continued growth in our worldwide Meet Ups, including a successful gatherings in London, Kuala Lumpur, New York (join me), and Milan coming up in the next few weeks.

But when it comes to events, the hands-down winner of the past two weeks was our first big developer-focused event in Lisbon. There’s not enough space in this Radix Report to celebrate all of the goodness that exploded that way. Watch the wrap video. It’s pretty epic.

Speaking of events, stay tuned for an announcement coming on May 2nd for a pretty cool one. Radix will be in da house that night. ;-)

Our April Wen-Marketing call for Europe broke a record, maxing out with 43 attendees. The North American AND APAC call is Monday, April 25th. Details to join here. Keep an eye on Discord/Telegram for May’s calls.

I was a guest on the Georgetown Crypto Club podcast, but the real story here is our focused outreach to build relationships with University crypto clubs around the world, including Cambridge, Johns Hopkins, and Purdue, plus many others in the works. If you have inroads there, please let us know.

We’re heavily focused on the May 10th takeover of the Brave homepage. Mark your calendars for that one.

I’m also incredibly proud of the efficiency and effectiveness gains that our paid media team has achieved in driving additional traffic to our developer’s landing page and raising awareness as you can see from the Reddit post.

Plus, I hope you liked the first in the series of what we call “Rekt Retweets” where we highlight why well-known/huge hacks on other platforms are simply impossible on Radix.

And last but not least, we have made huge investments in our internal operational effectiveness. Not sexy, but our use of ClickUp for project management, OKRs for strategy execution, and our coming release of Confluence for knowledge management should pay big dividends in the future.

Development (Russell Harvey, CTO & Matthew Hine, CPO)

The commits have been flowing fast and furious for the last few weeks! Most of the tech team is gearing up for two upcoming releases:

  • Version 1.1.1 of the Olympia node. This bundles up a host of improvements and will be our last precursor release to coordinated forking. 1.1.1 will release on the same day as this report; all node runners are highly encouraged to update once it’s available.
  • Version 0.4 of Scrypto. Ticking up only 1 minor revision point from v0.3 feels like it’s doing it quite an injustice! The authorization system and resource flag system have both received a major overhaul and are now unified in a single, system-level authorization model. It’s tremendously powerful, and we’re eager to reveal how it enables asset-oriented, easy-to-understand approaches to applications which are normally quite scary to implement, such as flash loans.

Outside of release work, we’re still plugging away at proving out concepts for the Babylon wallet, doing a deep dive on a pair of state storage models for Babylon, and interviewing (and hiring!) like crazy as we continue to build out our product teams to meet the ambitious scope of Babylon and Xi’an.

Originally published at https://www.radixdlt.com.



The first layer 1 protocol specifically built to serve DeFi

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store