Radicle Price Chart Update [RAD]

The RAD price update as of now is $1.66. In the previous 24 hours, its trading volume was $11,139,835, and its value has decreased by -5.55%. As of now, RAD's live market cap is $79,518,512, and it is ranked as the #421 on the Coincu. RAD has a circulating supply of 99,998,580 and a maximum supply of 99,998,580.

What is Radicle (RAD)?

Radicle (RAD) is a decentralized platform that enables collaboration, work, and fundraising for developers without relying on any third party. It is built using open protocols and ensures uncensored and unified transactional content on a single application.

With Radicle, developers can freely collaborate, generate ideas, raise funds, and create communities without the need for a centralized intermediary platform or application. Despite its decentralized nature, Radicle offers the same benefits and features as centralized platforms.

In essence, Radicle serves as a decentralized version of Github, which is a platform commonly used by developers to develop projects and publish open-source code. Unlike Github, where the company providing the service can access a user's entire work without permission, Radicle ensures that no intermediary has the right to access and use the products and work results created by the user.

Radicle leverages an Ethereum Smart Contract system within a P2P network, enabling global collaboration. Decentralized organizations and protocols help users maintain their source code work, while Ethereum and DeFi empower developers to own their collaboration infrastructure.

The Drawbacks of Code Collaboration Platforms

Most code collaboration networks are owned by corporations, which operate under legal constraints. As a result, these networks remain centralized and subject to censorship from third parties. The corporations that own these networks reserve the right to determine the terms, rights, and obligations of users.

This dependence on centralized platforms leads to the distribution and licensing of unstable and unreliable source code, contradicting the values and goals of the network. It hinders the long-term development of the entire open-source ecosystem.

To address these limitations, Radicle was created as an alternative that eliminates intermediaries and builds a robust peer-to-peer (P2P) ecosystem. Radicle's vision and mission are to transition from a centralized network to a fully secure decentralized network, free from the censorship of any middlemen.

How Radicle Works

The Radicle Network is inspired by Radicle Link, a P2P protocol built on top of Git. Radicle Link utilizes a P2P data sharing mechanism to copy and share data among authorized users, extending Git's intelligent protocol. This decentralized data network simplifies the transfer of information and data.

All data on Radicle is stored locally by network members, allowing developers to share and collaborate on Git repositories without relying on any intermediaries. Radicle also offers a desktop application called Upstream, which enables users to create their identity, store code, and collaborate within the Radicle ecosystem.

Highlights of Radicle

Decentralization at its Core

In the Radicle ecosystem, users have complete rights to launch, copy, distribute, research, analyze, and perform other activities related to the software they desire. They can freely collaborate with other users and share data transparently.

User-Friendly Interface

Radicle's interface is designed to be intuitive and easy to use for all users, including new developers. It ensures that basic collaboration platform functions are fully met.

Pioneer of Offline Software

Radicle operates independently offline, without the need for an internet connection, DNS, or online portals. It relies on the established mechanism within the network, ensuring uninterrupted operation.

Strong Security Measures

As a completely decentralized network without third-party interference, Radicle mitigates information security issues. All activities and operations on the system are verified through security measures such as private keys and signatures.

Roadmap for Radicle

• Early 2022: Global trademark registration, organization management, integration of cryptocurrency storage wallets with Ethereum.
• Mid-2022: Strengthening collaboration on coding, fixing core reports, reviewing and discussing saved code.
• End of 2022: Empowering the building, management, and development of DeFi, NFTs, and tokens.