Radix is a decentralized public blockchain platform that aims to address the limitations of existing blockchain technologies by providing a highly scalable, secure, and developer-friendly environment for building decentralized applications. It uses a unique sharded architecture called a “universe” that allows for horizontal scalability as the number of nodes in the network increases. The platform also includes a programming language called Cyclone that is designed to make it easier for developers to create and deploy smart contracts, as well as a suite of developer tools and services.

Radix has its own native token, XRD, which is used to pay for transaction fees and to incentivize network participants.