Software is undoubtedly one of the most impactful technologies of the decade. Not only has it disrupted things such as work habits, individual behavior, wealth distribution, etc, but also there is reason to suggest that there’s a whole lot more to come. Platforms such as Github have found massive success and established themselves as key pieces of infrastructure for a majority of the world’s software. Unfortunately, the demand for additional features on Github has led to it becoming a fully-centralized platform. Not to mention, it is fully owned by Microsoft.
Centralized control over the hosting of open source code is a little problematic. This is because censorship is slowly making its way into the open-source community. Systems that operate on a P2P architecture are more decentralized and therefore, reduce the amount of reliance on powerful intermediaries. Generally, they offer users more control over their data and interactions. One of the systems taking this approach is Radicle which is putting the power over control of information back into the hands of the many, instead of the few.
What is Radicle?
Radicle is an open-source network that enables developers to perform P2P software collaborations. The project’s goal is to provide an infrastructure for the open-source community that is sovereign, secure, and built on open protocols instead of the usual platforms. Since it doesn’t rely on any intermediaries, Radicle is more sustainable and has gained substantial interest from participants across the Web3 ecosystem. Since its launch, over 1,000 projects have been published on the Radicle network.
The Radicle network is powered by a P2P replication protocol that’s built on Git. This protocol is referred to as Radicle Link. It extends Git with P2P discovery and date dissemination through a process known as Gossip. Through it, network participants are able to share and spread data they have an interest in by storing redundant copies locally while sharing their local data with peers. Since the data is stored locally, participants can share and collaborate on Git repositories without the need for intermediaries such as hosted servers.
Radicle introduces some unique features to the market that are not hard to miss. Some of these key features include:
- Open Source
The entire Radicle platform was built using open-source code. Therefore, it’s no surprise that the core focus of all things on Radicle is open source. Open source projects are more preferred over closed projects. This is particularly because open-source projects enable the community to vet the protocols for any errors or weaknesses.
- P2P Collaboration
Radicle enables developers to share codes without the use of an intermediary or a third party. This P2P collaboration helps facilitate innovation and improve the overall user experience in the market.
Radicle intends to be a community-led project. Therefore, it has introduced a community-governance mechanism that enables token holders to vote on important upgrades to the network. Not only does this help keep the whole community in sync, but it also enables more people to hold RAD tokens since the more you have the more weight your vote holds.
- NFT Support
The Radicle network supports the creation, issuance, and management of NFTs. Developers can use NFTs for multiple services such as trading, sponsoring initiatives, funding communities, or as exclusive membership passes.
Radicle History and Development 2020-2021
The idea for Radicle came to fruition in February 2018. It was founded by two developers; Alexis Sellier and Eleftherios Diskomichalis. The goal of these two developers was to create a sustainable and democratic way to fund open-source public software protocols. Between then and now, the platform has attracted a lot of attention with over 1,000 projects being published on the network. Notably, Radicle is gaining growing adoption thanks to the amount of time and money it is saving developers.
How to Exchange RAD on Swapzone?
If you are wondering whether it’s possible to get RAD at the best rate, then the answer is yes. Swapzone offers you the ability to convert BTC to RAD without all the hassles of opening an account and verifying it. Here’s you can do it:
Step 1. Go to Swapzone.io to get your work started.
Step 2. Select BTC in the “Send” section.
Step 3. Specify the total amount you are going to transfer.
Step 4. Select RAD in the “Get Up To” section.
Step 5. Review the offers on the screen. You will find multiple offers with the best rate listed at the top. You can also see how many minutes it would take for you to complete the exchange.
Step 6. Confirm the offer you wish to utilize by clicking “Exchange” and then enter the wallet to receive RAD.
Step 7. Use the generated BTC address to send your BTC deposit.
Step 8. Wait for the deposit to be processed by the exchange service and the exchange to be done.
Step 9. Do not forget to rate the exchange partner, so we can gather more information on the exchanges for future users.
How to find the best exchange rate for Radicle on Swapzone?
If you’ve exchanged digital currencies before, then you are well aware of how much of a challenge the whole process of finding a good exchange rate is. Jumping from one exchange to another comparing their exchange rates, fees, and other hidden fees is a lot of work. Additionally, there’s the added problem of not knowing whether the rate you are receiving is trustworthy. The best way to solve this problem is to use an exchange aggregator such as Swapzone to locate the best exchange rates.
Swapzone has a lot of exchange partners that provide it with access to their APIs that transmit real-time prices. Since Swapzone only chooses reliable exchange partners with a good reputation, then you can be sure that you are getting the best deals in real-time. Therefore, for any pair that you choose, Swapzone will load all the offers from all the connected exchange partners. All the displayed offers will display all the exchange rates including all the hidden fees. Swapzone categorized the exchange partners into three broad categories; best rate, the fastest, and best rated. This helps you narrow down only the exchange rate that best suits you.