Jeremy Epstein, RDX Works: On the ‘practically unlimited scalability’ of Radix
Radix claims it will offer “practically unlimited scalability” with its novel consensus algorithm, Cerberus.
In 2019, Radix set a record for decentralised ledgers when it demonstrated the ability to process over one million transactions per second. For the demonstration, Radix replayed 10 years of Bitcoin’s transaction history in under 30 minutes. That demonstration used Cerberus’ predecessor, Tempo.
Despite the record-breaking demonstration, it was...