I do like the general direction that Radiant is going in, I don't think that it will be the best implementation of Bitcoin.
The potential of BTC as a smart contract platform was eliminated early on, but the original design of Bitcoin was brilliant and did include the ability to create smart contracts on Layer 1.
So I'm always looking out for Bitcoin forks that can deliver on the original promise of Bitcoin, a worldwide transaction and smart contract platform, with privacy and low transaction fees.
Radiant is a fork of Bitcoin Cash and it does tick a lot of the right boxes...
- Fair launch
- No team allocations, completely bootstrapped
- Limited supply
- PoW mining
- Can scale to massive blocks (10+ GB)
- Block time is twice as fast as Bitcoin
- Layer 1
- 1,000 tx/sec, scalable in the future
- Claimed low transaction fees
- They downplay Radiant as an investment
There are a few big downsides however...
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It uses a 3 node system: Mining nodes, agent nodes and archive nodes. The more types of nodes you have, the more fragile the network. Ideally, there would only be 1 type of node. I realize that there are trade-offs, especially when you start getting into huge blocks, but there has to be a more elegant solution.
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It appears to be geared only towards digital asset tracking and not true smart contracts. I read this to mean that it's good for things like NFTs, but is not a full on smart contract platform.
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