Questions tagged [radix dlt]

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KpopStarletShineBrightnessStarlight KpopStarletShineBrightnessStarlight Sat Jun 29 2024 | 6 answers 1278

Is Radix DLT a blockchain?

Could you please elaborate on whether Radix DLT qualifies as a blockchain technology? While it exhibits certain similarities to traditional blockchains, I'm interested in understanding the specific characteristics that distinguish it. For instance, does Radix DLT utilize a distributed ledger to record transactions? Does it incorporate consensus mechanisms like proof-of-work or proof-of-stake? Furthermore, is Radix DLT scalable to handle high transaction volumes and maintain security? Clarifying these points would help me determine if Radix DLT indeed fits the definition of a blockchain.

Is Radix DLT a blockchain?

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